Fidelity Bank (Bahamas) Limited (BISX: FBB) Fidelity Bank notifies the public that the Series C Redeemable 7% Fixed Rate Notes issued in 2008 have been redeemed and as a result the Series C Notes have been delisted from the Bahamas International Securities Exchange.
The public is also advised that Fidelity Bank successfully placed $10,000,000 Series E Redeemable 6% Fixed Rate Term Notes via a private placement which was fully subscribed. These Notes mature in 2018.
Fidelity Bank (Bahamas) Limited is a 75% held subsidiary of Fidelity Bank & Trust International Limited (FBT) with the balance owned by the Bahamian public. FBT is a bank holding company incorporated in The Bahamas with licensed retail banking subsidiaries in The Bahamas and the Cayman Islands. FBT operates primarily in the personal banking segment and has consolidated assets of over $600 million. FBT also has a joint venture with Royal Bank of Canada which provides investment banking, corporate finance, and wealth management services through a 50/50 ownership of Royal Fidelity Merchant Bank &Trust Limited, which has operations in The Bahamas and Barbados.
For more information contact:
T.356.7764 ext. 3126