«The 2020-I issue, series I, of commercial papers of the company C.A. Ron Santa Teresa, for $ 300,000.00, “wrote the Caracas Stock Exchange in a message on his Twitter account.
When announcing the issue, the company reported that the papers have a risk rating of A1 – low credit risk – that will have a term of one year and an annual yield of 4%.
On November 23, the Venezuelan National Securities Superintendency (Sunaval) authorized Santa Teresa to issue debt in dollars, as reported by the company founded in 1796.
“Let’s hope this is the first of many issues in foreign currency, so that all companies that continue to invest in our country can grow their capacity,” said Ron Santa Teresa’s executive president, Alberto Vollmer, on January 23, quoted as saying. it’s a statement.
The rum company indicated that it will use the resources it manages to raise to expand its export and technological capacity, as well as its human capital.
G. Febres
With information from the Caracas Stock Exchange, EFE agency and social networks
