Bahamas Registered Stock IPO Results - July 2019
Published: Tuesday July 23rd, 2019
RESULTS BAHAMAS REGISTERED STOCK
INITIAL PUBLIC OFFERING JULY 15, 2019
Central Bank of The Bahamas facilitated a $20,000,000 Initial Public Offering of Bahamas Registered Stocks on behalf of the Government of The Bahamas.
The offering, which closed on July 15, 2019, was fully subscribed.
Details of the offering allocation are outlined as follows:
| |
3YR |
5YR |
7YR |
10YR |
20YR |
30YR |
| Individuals |
Full allocation |
Full allocation |
Full allocation |
Partial allocation |
Full allocation |
Partial allocation |
| Individuals Greater than $250K |
|
|
|
No allocation |
Partial allocation |
No allocation |
| Institutions |
Partial allocation |
Partial allocation |
Partial allocation |
No allocation |
Partial allocation |
No allocation |
Refunds were processed for value date July 18, 2019 for customers who received partial allocations. Successful participants are able to collect their stock certificates 30 days following the settlement of the offering-August 15, 2019.
Should you have any questions or concerns, please feel free to contact the Markets Unit of the Banking Department via e-mail at [email protected] or via telephone at (242) 302-2620.
