Heyliger congratulates airport with bond issue

POSTED: 01/16/13 1:08 PM

St. Maarten – United People’s party-leader Theo Heyliger made a point of congratulating the airport with “the successful conclusion of an over $130 million bond for the gateway to the country.”

In a press statement issued yesterday afternoon Heyliger included the supervisory board of the Princess Juliana International Airport Operating Company and the board of the holding as well as “the management under the leadership of Chief Executive Officer Regina Labega” in his kudos.

Heyliger referred to the process to appoint Labega to her position: “I recall that during this process one of the advices stated that Ms. Labega was weak in the financial area, but her negotiating skills in getting a lower interest bond for this company demonstrates that she has what it takes to run this company.”

Heyliger also stated that he is “proud to have been part of the process under the UP-led government.”

UP-leader calls the bond “a significant development for our country” and a sign of investor-confidence: “Investors have so much confidence in our country and in particular in the airport that the bonds were over-subscribed almost immediately.”

Heyliger went on to shower praise on everybody at the airport who renders services to visitors – from immigration, customs and police to vendors.

Heyliger stated that the bond will mean “that the investments that are necessary to keep our country at the forefront will be made, while maintaining the highest level of safety and professional standards.”

To top it off, the UP-leader mentioned Moody’s rating of the airport as Baa2. “It was also the UP-led government that initiated Moody’s rating for the country,” he stated.

Did you like this? Share it:
Heyliger congratulates airport with bond issue by

Comments are closed.