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).