Socially Responsible Investment at the Heart of CIP Saint Lucia Covid-19 Relief Bond innovation
In the light of the global socio-economic challenges created by the COVID-19 crisis, countries around the world are being pushed to innovate in an effort to move their economies forward. CIP Saint Lucia is no exception, with awareness of the pragmatic need for modernization coupled with its understanding of the needs of prospective investors, driving its innovative COVID-19 Relief Bond option under the Saint Lucia Citizenship Investment Programme.
Nestor Alfred, CEO of CIP Saint Lucia commented, “We are all about sustainability and longevity. Our market leading governance and due diligence is at the heart of our offer to our investors - the value of their investment will remain stable and grow steadily. Just as importantly, lifelong enhanced mobility is their guaranteed yield.”
However, there is more to this story than the standard investment migration offering to global investors of enhanced mobility and hedging volatility. Through the COVID-19 Relief Bond option, CIP Saint Lucia found an innovative solution that created a “win-win” for investors and Saint Lucians.
- By creating a new bond offering, investors inject $250,000/300,000 with varying holding periods onto the sovereign balance sheet, thereby creating enhanced autonomy for Saint Lucia against the current challenging economic dynamic.
- Due to the investment structure, the COVID-19 Relief Bond offering is particularly attractive to families. Fully endorsed by the government and therefore very low risk, the coupon will be repaid after 5/6/7 years depending on the tenor selected - creating a favourable long term value proposition compared to the donation or real estate options.
Nestor concludes, “The CIP Saint Lucia COVID-19 Relief Bond is arguably the only socially responsible investing (SRI) option in the investment migration industry. Our innovative investment structure means that investors can support a developing economy and sovereign state in a time of need. But this isn’t charity, this is a sophisticated investment choice that creates value for Saint Lucia, Saint Lucians and investors alike.
Saint Lucia gains from a sustainable liquidity source. Investors gain a value catalyst for enhanced global mobility, and lifelong yield and the bond pricing. It’s a real win, win - which in the time of COVID is pretty rare.”
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210303005057/en/
Contact information
Media Contact
Vanessa Winston-St. Agathe
vwinston@cipsaintlucia.com
https://www.cipsaintlucia.com/.
+1-758-730-5040
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Symrise and Aplantex Confirm an Agreement to Establish a Partnership14.10.2025 13:00:00 EEST | Press release
Symrise AG ("Symrise") and Aplantex Bio ("Aplantex") agree on a partnership covering new technologies for accessing plant-based molecules as raw material once the molecules of interest have been developed and produced by Aplantex. "We are intrigued by the potential of Aplantex’s innovative green biotechnology process to help us in securing potential access to hard-to-source plant-based molecules in the context of the significant impacts of climate change," underlines Dr. Jakob Ley, director of Biobased Ingredients Research at Symrise. Aplantex has been, since 2024, diligently involved in the research & development work to produce the initial molecule of interest requested by Symrise. "Having already validated our process with the production of Apigenin, Orientin, Vitexin, and Luteolin, four molecules recognized for their antioxidant, anti-inflammatory, antimicrobial, and anti-aging properties, we were able to reach several milestones of Symrise’s validation protocol in record time. We
euNetworks Delivers New Fully Diverse Long Haul Network Route, Enabling Two Short Paths Connecting Frankfurt to Marseille and Milan14.10.2025 11:00:00 EEST | Press release
euNetworks Group Limited (“euNetworks”), a European critical bandwidth infrastructure company, has today announced the completion of a new long haul fibre network route between Frankfurt and Zurich. This new network enables two short diverse paths between the many submarine cable landings along the Mediterranean coast, and the major data centre market of Frankfurt. The new route completes one of two fully diverse euNetworks long haul routes, with the option to either go via Milan and Zurich or via Marseille, Lyon and Geneva. euNetworks undertook this network investment to increase diversity options for its customers, enabling them to avoid points of failure where routes converge and cross, or otherwise take a long detour via Paris or Munich for the diverse path. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251014607897/en/ CEO of euNetworks The route between Frankfurt and the Mediterranean is a critical European pathway fo
Europe’s Tech Services Market Slows in Q3, Despite Strong AI-Driven Cloud Demand: ISG Index™14.10.2025 11:00:00 EEST | Press release
Europe’s market for technology services and software slowed in the third quarter despite continuing strong demand for AI, according to the latest state-of-the-industry report from Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm. The EMEA ISG Index™, which measures commercial outsourcing contracts with annual contract value (ACV) of US $5 million or more, shows third-quarter ACV for the combined market (both managed services and cloud-based as-a-service) rose 5 percent, to US $9.7 billion. Although the market has grown for seven consecutive quarters, averaging 14 percent quarterly growth during that span, the rate of growth in the third quarter was the lowest since the second quarter last year. “The market in Europe continues to be buoyed by strong, double-digit growth in cloud services as companies race to realize their AI ambitions,” said Steve Hall, president, ISG EMEA and the firm’s chief AI officer. “That growth, however, m
Hamad International Airport's Senior Operations Manager appointed as CEO of Ancona International Airport14.10.2025 10:00:00 EEST | Press release
Ancona International Airport (“AIA”), a Njord Partners portfolio company, is pleased to announce the appointment of Giorgio Buffa as its new Chief Executive Officer, effective 13 October 2025. Giorgio Buffa joins Ancona from Doha’s Hamad International Airport, where he was the Senior Operations Manager. He brings over 20 years of dedicated experience in the airport and airline industries, having spent his entire career in aviation. He is recognised for driving operational excellence and pioneering sustainable development at Hamad International Airport, which has, for multiple years, been named the "World's Best Airport" by Skytrax, setting new standards in the airport sector. For the past nine years, he has been instrumental in overseeing key operational functions and successfully navigated the COVID-19 period as well as major events such as the FIFA World Cup. Formerly a pilot with Alitalia and Air One, Giorgio has held various senior leadership roles in airport operations, including
PPG introduces PPG MIX‘N’SHAKE automated stirring technology for body shops14.10.2025 09:30:00 EEST | Press release
PPG (NYSE: PPG) today announced the introduction of PPG MIX‘N’SHAKE™ automated stirring technology designed to eliminate traditional manual stirring methods in the automotive refinish industry. The system, which is available globally, improves paint mix consistency, reduces consumable waste and saves time for painters and body shops. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251013065453/en/ PPG MIX’N’SHAKE™ automated stirring technology replaces manual stirring processes to ensure a homogenized paint mix, complete color accuracy, and a better workplace. The PPG Mix‘n’Shake system will debut at the EQUIP AUTO trade show in Paris taking place Oct. 14-18. PPG will also showcase its PPG LINQ™ digital ecosystem, which is a finalist for the prestigious EQUIP AUTO Innovation Award. Because the PPG Mix‘n’Shake system eliminates manual stirring, it ensures consistent color accuracy, reduces rework and boosts productive work hou
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom