Dominican Republic's Superintendency of the Securities Market (SIMV) announced the incorporation of Grupo Ramos into the Dominican securities market through the issuance of equity trust securities under the public offering trust Multiplaza FR No. 02, with a total placement amount of DOP 5,231,020,000. The vehicle is a public offering equity securities trust approved by SIMV under Resolution R-SIMV-2023-11-FOP, as amended by Resolution R-SIMV-2024-01-FOP, and registered in the Securities Market Registry as SIVFOP-010. The securities grant holders a pro rata right to the profits or losses of the trust estate, whose real estate assets comprise the Multiplaza Higüey and Multiplaza La Romana shopping centres contributed by Grupo Ramos, S.A. SIMV also noted that this is the first issuance in the country guaranteed by two structurers, Inversiones Reservas and Parval, and that investors can purchase the securities through Inversiones & Reservas, S.A. Puesto de Bolsa and Parallax Valores Puesto de Bolsa, S.A.
Superintendencia del Mercado de Valores de la Republica Dominicana 2026-04-09
Dominican Republic's Superintendency of the Securities Market marks Grupo Ramos entry via DOP 5.231bn Multiplaza FR No. 02 public offering equity trust issuance
The Superintendency of the Securities Market of the Dominican Republic announced the incorporation of Grupo Ramos into the securities market via the public offering equity securities trust Multiplaza FR No. 02, with a total placement of DOP 5,231,020,000. The trust, backed by the Multiplaza Higüey and Multiplaza La Romana shopping centres, is the first issuance in the country guaranteed by two structurers, Inversiones Reservas and Parval.