VICESA Completes $20 Million Bond Issue

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

Wednesday, August 5, 2009


©image: Vicesa.co.cr

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.

More on this topic

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.

Panama: Edemet Bonds to Sale in February

February 2010

It will be the first time a Panamanian electricity company uses the local stock market for obtaining financing.

The issue will be structured in $10 million series, and was officially submitted before the Securities Commision (CNV), on Friday.

“Jorge Vélez, from Interbolsa Panama, commented that this operation is very beneficial for the country, because a large operation like Edemet’s draws both local and foreign investors”, reported Capital.com.pa.

Cabcorp Bottling Company Issues Bonds for $150 million

February 2012

The Guatemalan company Central America Beverage (Cabcorp) will release bonds worth $150 million on the U.S. market next week.

For the second time the company is to issues securities in international capital markets. The first time the issuance, rated BB, Ba2 and BB + by the rating agencies Standards & Poors (S & P), Moody's Investors and Fitch Ratings respectively, was acquired by Citigroup Global Market Inc.

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