The Superintendency of the Securities Market (SMV) reported that as of July 31, a total of 19 companies made 30 placements of debt instruments through PPOs, managing to raise resources for a total amount of US$ 381.76 million, a figure higher by 18%. to that reported in the same period of 2021, with a demand that represented about twice the supply on average.
This in turn reflected a recovery in the placement of securities through primary public offerings (IPOs) at the end of the first seven months of the year, given the gradual economic reactivation in the context of the adverse effects generated by the COVID-19 pandemic.
It is worth mentioning that these 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.
In addition, 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 three 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, according to the SMV .
In this way, the stock market becomes 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, said the Superintendence.
