Companies in the real estate, energy and finance sectors, up to May 2012, have been working towards raising capital through the Panama Stock Exchange.
Inmobiliaria Don Antonio (commercial sector, $100 million), Hydro CAISAN (energy) and Allied Factoring (finance, $50 million) are at the top of the list of issuers that have registered deals with the Superintendency of Securities of Panama, which added together total $280 million in corporate bonds.
The Panamanian supermarket chain issued two series of mortgage-backed bonds, for $10.4 million.
The objective was to obtain financing for expanding their operations, at a lower cost than bank loans. The market bought all of the first two series of bonds, demanding 5% for three year and 6% to for seven year debt.