April 25, 2025
Bond Subscription Bancaribe Curaçao Bank N.V.
The Dutch Caribbean Securities Exchange (DCSX) is pleased to announce receipt of the notification of the upcoming opening of the bond subscription for Bancaribe Curaçao Bank N.V. (“Bancaribe”). The subscription period will commence on April 22, 2025.
As per notification of Bancaribe:
About Bancaribe Curaçao Bank N.V.
Established in May 1977, Bancaribe Curaçao Bank N.V. holds the distinction of being the first bank granted an international license in Curaçao. As a member of a reputable financial group, the bank is committed to delivering outstanding services and products, ensuring maximum security and protection to meet its customers’ financial needs. The institution is regulated by the Central Bank of Curaçao and Sint Maarten and undergoes regular audits to maintain compliance and uphold its standards.
Subscription Details
Issuer: Bancaribe Curaçao Bank N.V.
Subscription Opening Date: April 22, 2025
Listing Advisor: PYGG
Summary of Terms and Conditions:
| Issue size | USD 5,000,000 minimum |
| Instrument | Senior Unsecured Corporate Bonds |
| ISIN | CW1400015158 |
| Currency | USD |
| Face value per Bond | 10,000 |
| Interest rate | 7% (Fixed) |
| Term | 3 years |
| Callable | After 2 years |
| Interest payments (Coupon) | Quarterly |
| Venue | Dutch Caribbean Securities Exchange (DCSX) |
Interested investors are encouraged to review the Prospectus for comprehensive details regarding the bond offering. For further information or inquiries, please contact PYGG Securities Co. B.V. at [email protected], or call +5999 4629 888.