NewsWhore
09-05-2007, 05:10 PM
The National Council of Securities (CNV) has approved a new bond issue for the AES-Andres electricity company. The issue is for US$25 million. AES is the second energy company to use the securities market and they are also the second to issue bonds in United States currency. The bonds will be placed in minimum values of US$10,000, and carry an 18-month time limit. Interest rates on the bonds will be announced shortly. CNV superintendent Haivanjoe Ng Cortinas announced the issue together with Marcos de la Rosa, the CEO of AES Dominicana. The bond issue will use the services of BHD Securities and Securities Leon. Dominican Power Partners are the guarantors.
More... (http://www.dr1.com/index.html#8)
More... (http://www.dr1.com/index.html#8)