A new issuance of Negotiable Obligations has been launched with the aim of raising between 6,000 and 12,000 million pesos.
Negotiable Obligations are a form of financing that companies use to obtain funds in the capital market. On this occasion, the issuing company intends to use these funds to carry out investment projects and refinance liabilities.
Unlike a trust, Negotiable Obligations are debt securities that are issued in the capital market and can be acquired by investors interested in obtaining a return in exchange for lending their money to the issuing company.
According to statements from the company, this issuance of Negotiable Obligations is expected to be well received by investors, as a significant demand is anticipated given the reputation and track record of the company in the market.
In the words of a company representative: "This issuance will allow us to carry out our expansion plans and continue consolidating our positioning in the sector."
