The placement of securities through Primary Public Offerings (PPO) registered a recovery at the end of the first seven months of this year, given the gradual economic reactivation in the context of the adverse effects generated by the COVID-19 pandemic, reported the Superintendence of the Stock Market (SMV).
Thus, the SMV points out that the securities market is a competitive alternative to other sources of business financing for companies from various economic sectors, taking advantage of the facilities provided by the regulation for the registration of securities.
In detail, as of July 31, 2022, some 19 companies made 30 placements of debt instruments through PPOs, managing to raise resources for a total amount of US$ 381.8 million, a figure 18% higher than that reported in the same period in 2021. , with a demand that represented about twice the offer on average, detailed the entity.
YOU CAN SEE: Textile unions: FAE-Texco could be favorable with a maximum interest rate of 5%
He specified that said obligations, with terms that varied between 180 days and 15 years and issued amounts of up to S/ 100 million, were placed mostly in soles (84.5%), which shows the confidence in the national currency due to its lower volatility compared to its peers in the region.
It should be noted that non-corporate companies also continue to access financing in the stock market through the Alternative Stock Market (MAV), benefiting from the advantages offered by this market segment. Thus, Agrícola y Ganadera Chavín de Huantar SA made 3 placements of short-term instruments for a total amount of US$1.6 million, and Lari Contratistas SAC one placement of short-term instruments for a total amount of US$1 million.
#Financing #companies #stock #market #grew #July