Central Bank to issue bond of NAf. 26 million for St. Maarten

September 21, 2016 9:57 AM
WILLEMSTAD/PHILIPSBURG–The Central Bank of Curaçao and St. Maarten (CBCS) will issue a sinking bond of NAf. 26 million on behalf of the Government of St. Maarten on Wednesday, October 12.
 
The 0.60 per cent sinking bond will be issued with a duration of 25 years.
 
The semi-annual bond is geared to paying off an outstanding balance for projects pre-financed by Windward Roads Infrastructure and MNO Vervat. The projects include district beautification and infrastructure improvements.
 
The Dutch State Treasury Agency (DSTA) will be able to subscribe on Monday, October 3, and after that the public will be able to subscribe to this bond issue at all commercial banks in Curaçao and St. Maarten up to 10:00am Tuesday, October 4.
 
CBCS said subscription would take place according to the tender system in which parties indicate for what amount and price they wish to participate in the loan, thereby revealing their desired yield.
 
After the closing of the subscription, CBCS will publish the price of issue. Parties that have subscribed for a higher price than the price of issue will receive full allocation. Parties that have subscribed at a price equal to the price of issue will receive the remaining amount of the issue.
 
Subscription forms can be obtained free of charge at the commercial banks or downloaded from
 
http://www.centralbank.cw/prospectus-loanssintmaarten as of Thursday, September 22.

Lawyer Roeland Zwanikken considers legal action against ABN AMRO Bank

May 08, 2021 6:14 PM
THE HAGUE--Attorney-at-law Roeland Zwanikken at St. Maarten’s BZSE law office is considering legal action against the intention of the Dutch ABN AMRO Bank to close the bank accounts of its clients in the Dutch Caribbean.

Fiscaal onderzoek bij notariskantoren vinden doorgang

May 07, 2021 8:04 AM
In het Antilliaans Dagblad: Fiscaal onderzoek bij notariskantoren
WILLEMSTAD – De fiscale onderzoeken bij de notarissen vonden en vinden, ondanks de beperkingen van Covid-19, weer doorgang en de medewerking aan de kant van notarissen en adviseurs is daarbij ‘over het algemeen goed’.

Juridische miljoenenstrijd tussen BNP Paribas en Italiaanse prinses verhardt

February 22, 2021 4:51 PM
  • Bezit van Italiaanse Crociani-familie op Curaçao mag van rechter worden verkocht
  • De Crociani's ruziën al jaren met BNP Paribas over een claim van $100 mln
  • Curaçaos trustkantoor United Trust heeft 'geen enkele relatie meer' met Camilla Crociani
Een Italiaanse prinses met zakelijke belangen in Nederland heeft het onderspit gedolven bij diverse rechtbanken in een langslepend conflict met zakenbank BNP Paribas.