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Guatemala's Cabcorp to issue $150 million of bonds in order to boost its expansion plans

Friday, February 3, 2012

The Guatemalan Cabcorp will issue bonds worth $150 million in the US market next Monday.

The issue has been managed by Citigroup Global Markets, which has presented them to investors in London, Santiago de Chile, Los Angeles, Boston and New York.

The money obtained from the issue of bonds will be used expansion. Currently, the company is building a factory in Trinidad and Tobago that is due to come on stream in March.

Source: El Periódico