The financing structure to be used by the company in charge of building the 250-room hotel to be built in Panama City will be a combination of bonds, preferred shares and their own equity.
The National Union of Enterprises, in charge of the project, revealed its intention to use the stock market in the Investment Forum organized recently by the National Stock Exchange.
An article In Prensa.com reports: "the decision should be taken in the coming weeks so that they can build in 2012”.
The company Saltos de Francolí, which is building the Planeta 1 hydroelectric plant in Chiriqui announced it will also seek investment in the stock market in order to build another hydroelectric plant in the province. "
Source: Prensa.com
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January 2012
The increased demand for bank credit from consumers and businesses plus the financing needs of the government, is putting pressure on the capital market and interest rates.
The competition for liquidity can be seen in the activity of the National Stock Exchange, where the amounts being released on the exchange are increasing because of the concurrence of the state banks - Banco de Costa Rica, Nacional and Popular, and of private banks like Scotiabank, and by other entities such as Grupo Mutual y la Compañía de Fuerza y Luz.
May 2011
In just five months more than $600 million worth of shares have been issued.
The economic boom being experienced by Panama can be seen in all the country's economic activities, and the stock market is no exception.
Between January and May, $602 million worth of securities have been issued, representing an increase of 285% compared to the same period in 2010. In addition, another $400 million worth are in the approval process.
February 2010
At the Panamanian securities market, the company sold $7.6 million worth of corporate debt.
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.
January 2010
In 2009 the Panamanian securities market registered half the volume of issued securities of 2008.
Juan Martans, securities commissioner, considers that the year was 'very good', keeping in mind that they expected a very tough 2009, due to the international financial crisis.
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