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Santo Domingo.- The Securities Superintendence (SIV) on Tuesday announced the approval on April 26 , a public offering of securities Tricom, SA to issue a US$90.0 million corporate bond, whose minimum shares are US$30.

Tricom, a telecom., media and technology group, said the public offering would benefit small investors with?? up to US$10,000, available through the traders BHD Valores, S. A., Puesto de Bolsa.

"The bond's annual fixed or variable rate periodicity in interest payments will be monthly, quarterly or half yearly and the maturity emissions program is two to seven years, as determined by the prospectus of issue, simplified prospectuses and notices primary placement for each issue," the SIV said.

It said Tricom’s bond were rated AA-(Dom.) by Fitch Dominican Republic, and A by Feller rate Long Term.

Tricom was the first Dominican company to be rraded in the Wall Street Stock Exchange (NYSE).

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3 comment(s)
Written by: foresthill, 30 Apr 2013 1:14 PM
From: Dominican Republic, santo domingo
Didn't these guys (tricom) go tits up once already???
Written by: Ricardolito, 30 Apr 2013 4:06 PM
From: Dominican Republic, Zona Colonial
If they did it must have been more than 10 years ago but I think not ,,Tricom and Verizon are the ony companies with land lines here and do very well with the television provider services
Written by: CadeJ, 1 May 2013 6:19 AM
From: Dominican Republic, Altamira
foresthill is correct: http Tricom has been bankrupt in recent years.
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