7 News Belize

BEL Offers Debentures At Attractive Interest Rate
posted (May 7, 2014)

Small and large investors tired of the piddling interest rates offered by the commercial banks now have an option: BEL is issuing 25 million dollars in debentures at 6.5%.  The Debenture is for sixteen years, through to 2030. The cost of each debenture is $100 and subscriptions must be for a minimum of one debenture.

A release from the company says proceeds will be used to refinance the Company’s $24.8 million Series 3 Debentures, which are redeemable in July 2014.

If you’re interested you can find the debenture offer on BEL website. But act quickly because BEL’s last debenture offering was over subscribed.  This offer closes on June 30th…



The Many Modes Of GIS



The fourth annual GIS conference was held today at the Biltmore Best Western in Belize City.  GIS means global information systems and it has to do with how satellite imagery can be used for planning everything from disaster responses to housing project to retail strategies.  The idea is problem solving with technology and the conference organizer explained how it works:

It is a two day event.

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7 News Belize