December 2, 2020 – The Barbados Stock Exchange Inc. (BSE) is pleased to announce that on December 1st, 2020 the Exchange received regulatory approval for the inaugural listing of a Eurobond on its International Securities Market (ISM). The Eurobond, listed by Golden Acquisition, was approved by the Financial Services Commission (FSC) and is sponsored by Centurion ISM Services Inc; a Listing Sponsor for the ISM.
“Centurion ISM Services is pleased to have had the opportunity to secure the listing of yet another security on the International Securities Market” noted Andrew Ferreira, Centurion’s Director and an attorney-at-law. “Every listing enhances the profile of the Barbados Stock Exchange and of Barbados, and demonstrates that as a jurisdiction, we have a significant part to play in global trade and investment. We look forward to securing further investment and of developing our partnership with the Barbados Stock Exchange, to ensure that Barbados realizes the potential of becoming a hemispheric hub for capital investment.”
Managing Director of the BSE, Marlon Yarde, was similarly candid in his assessment of the listing. “This Eurobond listing is positive proof that our HMRC designation has powerful appeal. We are appreciative of Centurion’s dedicated leadership, in both procuring this issuer and structuring their application. We further believe that this is only the beginning for these types of listings – Eurobonds are now an additional product that can be structured by firms within Barbados’ global business sector” he highlighted. “The BSE is also sensitizing local companies on the strategic benefits to be realized from our HMRC designation. One clear benefit is material as a result: by listing securities on the ISM, in hard currencies, you can attract heightened interest from Barbados’ UK-Diaspora.
The BSE wishes to thank the FSC, our listing sponsors and all of the exchange’s extended stakeholders. We continue to be deeply appreciative of your invaluable assistance and we look forward to working with you in building onward from this momentous achievement.