New Participant in the Securities Market

©image: Tudor

Vidriera Centroamericana S.A. (Vicesa) will list 4 series of standardized debt in the Costa Rican Stock Exchange, in either July or August.
The company engages in the fabrication, marketing and export of glass recipients, and is from Costa Rican origin.

From Elfinancierocr.com: "Vicesa will tap the securities market to change its financial structure. They will swap short term banking debts for medium and long term obligations."

Source: elfinancierocr.com

More on this topic

VICESA Completes $20 Million Bond Issue

August 2009

The company, known as "Vidriera Centroamericana S.A.", obtained $20 million debt financing at the Costa Rican Stock Exchange.

Its public auction of bonds was completed for a total $20.295.488, the average price being 101.48.

The Costa Rican company, who engages in fabrication, commercialization and export of glass casings, used the Securities Market to transform short term debts into medium and long term ones.

Vicesa will Invest in Upgrading its Plant

August 2009

The $20 million obtained through bond sales will be used to upgrade production facilities and paying short term debts.

Vidriera Centroamericana (Vicesa) is a Costa Rican company that produces glass casings. It will spend $7.8 million in purchasing technology to increase productivity in its facilities.

Vicesa Acquires Share in Vidrios Panameños

December 2009

Vidriera Centroamericana S.A. (Vicesa), a Costa Rican glass company, acquired 35.6% of Panamanian similar Vidrios Panameños (Vipasa).

"Our investment in Vipasa will allow for greater operative synergy between both companies, further technical and administrative cooperation and to better serve a growing market.