Bahamas Registered Stock Offering: May 2024
- Offer Price
$100.00 - Issue date: 24 April, 2024
There will be an offering of BAHAMAS REGISTERED STOCK 2025 ISSUE OF B$64,000,000.00
The offering will be open at 9:30 a.m. on April 29th, 2024 and will close at 3:00 p.m. on May 1st, 2024.
Prospectus Application Form Disclaimer
Brokerage clients who wish to take part in the offering must advise and have funds available to RF on or before May 1st at 10:00 a.m.
Securities will be awarded in accordance with the Central Bank's priority level allocation process, with priority given to individual applications in amounts less than $250,000. All other applications - individuals greater than $250,000 and institutions - will be classified as Priority Level 2 and may result in a proration in the event of an over-subscription.
Refunds will be made within three (3) business days following the close date. No interest will be paid on amounts refunded.
Individual applicants must present (1) Bahamian E-Passport; or (2) NIB Smart Card paired with one of the following: Bahamian Driver's License, National Identity Card, Permanent Residence Permit, other National Passport, or Spousal Permit. New Business customers must present a list of its authorized signatories along with Memorandum/Articles of Association.
RF will charge a subscription fee of 0.25% of the value (minimum of $50.00 +VAT) on the transaction.