The Deposit Insurance Corporation of Trinidad and Tobago seeks Investors to purchase assets listed in its Caribbean Resort Development Property Portfolio.
The Deposit Insurance Corporation (DIC), the court-appointed liquidator of Clico Investment Bank Limited in Compulsory Liquidation (CIB-ICL), has significant assets in property located throughout the Caribbean.
The asset portfolio includes four incomplete resort developments; two are located in the island of Trinidad, one in the island of Antigua and one in the island of St. Lucia (the Portfolio).
This invitation solicits Expressions of Interest (EOI) from parties who wish to purchase the Portfolio or any one or more of the properties listed therein. Responses to this EOI will be used to guide the Liquidator’s selection of parties who will be invited to submit offers.
PROCEDURES FOR SUBMISSION OF EOI
A comprehensive description of each property and the process and requirements governing the submission of EOIs may be accessed from the DIC’s website. The URL is www.dictt.org
The deadline for submission is May 16, 2014.
The Liquidator is not bound to accept any Expression of Interest.