Panama: Indesa Raises $7.6 Million at Panamanian Stock Exchange

At the Panamanian securities market, the company sold $7.6 million worth of corporate debt.

Thursday, February 4, 2010


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This is the first public bond sale by Indesa Finance, Panamanian subsidiary of Indesa Holding.

“These bonds mature in three years, and pay 6.5% annual interest. The sale was approved by the National Securities Commission”, reported Laestrella.com.pa.

More on this topic

Panama: In 2013 There Will be $1.5 billion in Issued Securities

May 2013

With the industrial sector leading the way, Panamanian companies are increasingly going to the local stock market for their financing.

"According to the registry of the Superintendency of Securities Market (SMV), up to early May there were $440 million in securities belonging to different companies, and another $1.033 billion were in the process of being registered," noted an article in Laestrella.com.pa.

Panama: Corporate Shares ​​for $45 million

April 2013

Grupo Toledano is to issue $45 million in corporate bonds to be used to settle debts with creditors and banks, and as working capital.

Capital.com.pa reports that "According to the prospectus published on the Panama Stock Exchange (BVP), the corporate bonds are divided into seven series that meet the following amounts: Class A-1, up to $5 million, Series A-2, up to $5 million, Series B, up to $15 million and the Series C, D, E and F together totaling $20 million. "

Nicaraguan Company To Issue $5 million in Panama

May 2013

The Nicaraguan financial company Finnancia Credit is to issue commercial securities in the amount of $5 million on the Panamanian market.

The Negotiable Commercial Securities (VCN by their initials in Spanish) will be issued in three series with terms of one year and will have an interest rate of 7% per annum for the first series, which was released on April 30 in the amount of $2 million.

Public offering of BICSA bonds for $100 million

August 2008

The Panama branch of the International Bank of Costa Rica (BICSA) has made a public offer of corporate bonds worth $100 million.

The listing and negotiation of these bonds has been authorized by the Panama Stock Exchange (BVP) and the National Stock Commission of Panama, however this authorization does not imply a recommendation or opinion of these stocks or the issuer, indicated a press release from the BVP.

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