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Feb 12, 2016

C.F.O. Says Investment is Low-Risk…High-Return

Andres Ayau

Ayau spent the first part of the conference outlining the investor structure of the loan, and also the reasons why he says any investment in the project is a sure bet.


Andres Ayau, Chief Financial Officer, Santander Group

“We have participation in this loan from local and international banks. There has been a lot of speculation on what is the local participation in the Santander investment. And the local participation of local banks in Belize amounts to a third of the investment in Santander. The other third comes from international banks and a little bit over the other third is investor capital or equity. How this loan is structured, it structured so that sixty percent of the total investment is a loan and the other forty percent is investor capital or equity that’s come into Belize and is already in place. Under international financial standards, a loan that is sixty percent part of the investment and the other forty percent equity is considered a safe loan. Under most standards that equity tends to be a little higher, so this is considered a safe transaction based on those standards. In addition, for this loan to happen and for international lenders to come in, there was a really strict due diligence done on this project. We had international consultant companies come and do technical, financial, environmental and social reports for the loan and all consultants recommended this investment to the banks and to the entities that were reviewing this. It is world-class consultants that come from the United States and England that reviewed this project and determined it as a safe investment. So we would like to make clear that a lot of money from outside has come in and that it is customary in this type of transaction.”

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2 Responses for “C.F.O. Says Investment is Low-Risk…High-Return”

  1. Kay says:

    New structure of the old Ponzi Scheme… I’ll “invest” in your country’s industrial development and you give me your country’s hard earn dollars as start up money…

  2. Belizean Pride says:

    I agree with your post Kay, they come to invest not to come and try barrow money. How can we call that invest.

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