Curaçao Heritage Fund expands its bond issuance to ANG. 16.5 Million

Technical Listing Approval for Holwar Fund Ltd.
May 10, 2023
Curaçao Heritage fund new listing
May 29, 2023

Curaçao Heritage Fund expands its bond issuance to ANG. 16.5 Million

The DCSX is proud to announce that as of May 9th 2023, approval has been granted for the listing of bonds to be issued by CURACAO HERITAGE FUND (CHF). The Senior Secured Bonds will be marketed to financial institutions and other professional investors.

The fund obtained an exemption from the Central Bank of Curaçao & St. Maarten and is supported by strategic partners: The Curaçao Financial Group N.V. (cfg)as the Arranger & Manager; VANEPSas the Legal Counsel and Listing Advisor, Amicorp Trustees Foundation as the Bond Agent.

The authorized brokers are Amicorp Global Markets (Curaçao) N.V.Maduro & Curiel ‘s Bank N.V.Vidanova Bank N.V., PYGG Securities and Banco Di Caribe N.V.

The proceeds of this issuance will be applied to refinance the existing listed bonds of CHF maturing on 31 May 2023 (ticker: CHFU-CW) and allocate fresh funds to the purchase and development of registered monuments and properties located in the UNESCO World Heritage city of Willemstad.  The aim is to further enhance the current business model of tapping into the growing economic sector of tourism to help preserve and re-develop the precious heritage of Curaçao. Through an investment in these bonds, the general investor community of Curacao and Sint Maarten will contribute to this mission and earn an attractive tax-free interest income for the next 5 years.

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JMYS  $13.80BDCB-CW  100%SOMS-A1  100%SOMS-A2  100%SOMS-B1  100%SOMS-B2  100%CMRH  $2.50TRUE  $1.50CRLC  $26,067.18KSTE  $0.45CHFU-CW  100%DCRF-BD  100%DCRF-SH  $125,000BNCA  0%
   
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