New Participant in the Securities Market
Vidriera Centroamericana S.A. will do a public offering of $20 million in the Costa Rican Stock Exchange.
Tuesday, July 14, 2009
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, known as "Vidriera Centroamericana S.A.", obtained $20 million debt financing at the Costa Rican Stock Exchange.
The $20 million obtained through bond sales will be used to upgrade production facilities and paying short term debts.
The company Vidriera Centroamericana SA will be taking out a bank loan to pay its corporate bonds listed on the stock market and is disenrolling as an issuer of public shares.
Vidriera Centroamericana S.A. (Vicesa), a Costa Rican glass company, acquired 35.6% of Panamanian similar Vidrios Panameños (Vipasa).
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