LATINALLIANCE ADVISE BANCO G&T CONTINENTAL EL SALVADOR IN THE DEBT ISSUE IN THE SECURITIES MARKET FOR A VALUE OF USD 25 MILLION DOLLARS
On August 29, 2018 the Board of Directors of Banco G&T Continental agreed to negotiate and place the first issue of CIG and TC02 debt, for USD 25 million dollars in the El Salvador stock market.
LatinAlliance, through its partner José Adolfo Torres from the Banking and Securities area, participated advising the Bank for the approval of the issue before the regulator and the stockbroker.
This is the second issue that Banco G & T Continental El Salvador, SA carries out in the Salvadoran stock market, which demonstrates the high level of confidence in the stock market and in that financial institution, as well as its relevance as a Finance transaction.
It is important to mention that G&T Continental, S.A., the stockbrokers, structured the issue and requested authorization to the Stock Exchange of El Salvador.