Panama exchange registers $5.1 billion bond issues in 9 months

 
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Issues worth $5.111 billion were registered in the first nine months of the year reports the Superintendency of the Securities Market (SMV) superintendent, Julio Javier Justiniani That’s an increase of 167% compared to the $1,912 million registered in the same period of 2019.previous year, according to information from the regulator.

 $ 3.681 billion correspond to new issuers.

The registration of securities is the step before a debt issue in the capital market and the total amount registered is not always placed.

This year the operations of $1.4 billion by Aes in Panama and of $700 million by BAC International Bank stand out reports La Prensa

Justiniani highlighted the importance that international groups like these have chosen the Panamanian market for their broadcasts, since they had the option of doing so in other jurisdictions.

Among the reasons for the increase in registration, he also referred to the fact that companies seek lower rates and longer terms, taking advantage of current market conditions.