Palermo Sociedad Portuaria issued a $33 million bond

“This is a very important investment for the Coremar Group as it will allow us to enable Palermo Sociedad Portuaria’s expansion plan, create value for our shareholders and contribute to Colombia’s economic development by creating employment and contributing to contribute to the country’s foreign trade, which increases the reliability in the supply of raw materials,” said Guillermo Pereira.

“The issuance of bonds on the Colombian stock exchange is a milestone for Palermo Sociedad Portuaria and is of great importance for future financing,” he said in turn. Richard Romangeneral manager of the port company of Palermo.

He added that the freight transport capacity will go from 3.2 million tons per year to 3.9 million tons.

“In this way we can offer our customers a better service and enter a larger market. In this way, Palermo Port Society will continue to contribute to the competitiveness of the country and in particular of the Barranquilla Port Zone,” said Román.

Source: El heraldo

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