Deal sheet
- Sector
- Healthcare
- Mandate
- Debt Capital Markets
- Year
- 2025
- Country
- Brazil
Issuance of a Commercial Note by Grupo Cartão de Todos, in the amount of R$82.5 million.
JK Capital acted as exclusive financial advisor to Grupo Cartão de Todos.
About the deal
About VMK Holding of Grupo Cartão de Todos
VMK Holding is part of Grupo Cartão de Todos, which operates Cartão de Todos, a subscription-based benefits program offering discounts on healthcare through the AmorSaúde network, as well as education and leisure services.
Cartão de Todos reports serving more than 7 million families, with a monthly subscription fee of R$33.40.
About Capitânia
Capitânia is an asset manager active in private credit and was the principal investor in the Commercial Note.
Transaction rationale
The Commercial Note issuance enabled VMK Holding to raise funds to finance the group's benefits and accessible healthcare activities.
Transaction value
R$82.5 million (issue).

