dChain looks to place US$5mn in corporate bonds

- Monday, April 18, 2011

dChain looks to place US$5mn in corporate bonds

The Panamanian unit of IT consultancy and service provider dChain plans to issue US$5mn in bonds with the proceeds going toward working capital and paying down debt, the company announced to the local bourse.

Founded in 1996, dChain is a US company that provides business solutions for automation and integration of diverse distribution processes.

The company started operating in Panama in 2001. It has a distribution channel in Costa Rica and plans to enter other Latin American countries for sale, distribution, support and training in its solutions.

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Use this link to see the full prospectus, in Spanish.