PDA

View Full Version : Beer and APAP bond issues



NewsWhore
09-22-2010, 03:20 PM
The Superintendence of Securities (SIV) announced the authorization of two bond issues for public purchase. They are: Corporate Bonds of the Dominican National Brewery (CND), for US$23,250,000 and RD$286,750, and the other is for RD$1 billion in Ordinary Bonds of the Popular Savings and Loan Association (APAP).
The offers are aimed at all interested parties, both public and private. Fitch Ratings Dominicana has given these issues an AA+ (Dom) Long Range rating. The rating indicates a solid capacity for payment of the obligations.
The SIV reports that the first series of the brewery's Corporate Bonds will be for US$12 million. A minimum investment of US$10,000 is required to purchase these bonds.

More... (http://www.dr1.com/index.html#12)