Spartan Capital Securities LLC Announces Successful $2.9 Million Private Placement Deal with SDRI
2024年5月2日 - 5:49AM
Spartan Capital Securities LLC, a distinguished investment banking
firm, is honored to announce the successful completion of a $2.9
million private placement deal with Six Diamonds Resorts
International (SDRI), a leading real estate and hospitality
development company in Panama and Central America.
This strategic financial collaboration involved Spartan Capital
Securities facilitating the private placement for SDRI, raising a
projected total of $2.9 million. This significant capital injection
will support SDRI's ambitious expansion plans in the real estate
and hospitality sectors across Panama and the broader Central
American region.
Richard Kiibler, President of Six Diamonds Resorts International
(SDRI), expressed his gratitude for Spartan Capital’s expert
guidance and execution in this deal, stating, "We are grateful to
Spartan Capital for their support in securing this pivotal
financing. This partnership empowers us to accelerate our
development initiatives, which aim to create socially and
environmentally responsible projects that benefit our shareholders,
future clients, and the communities we serve."
SDRI, also commented on the strategic importance of this
partnership, emphasizing the transformative impact of these
investments on Panama’s development landscape. “This collaboration
is not just a financial transaction but a stepping stone towards
substantial economic and social growth in Central America.”
John Lowry, CEO of Spartan Capital Securities LLC, remarked, "We
are delighted to support SDRI's vision for growth in the real
estate and hospitality sectors. This deal is a testament to our
firm's commitment to facilitating significant investment
opportunities and our capability in nurturing strategic
partnerships."
SDRI has been exploring development opportunities in the
Caribbean, Central, and South America since 2005, with a strong
focus on Panama as their flagship location for growth. This deal
marks a milestone in their long-term strategy to develop properties
that are both economically and socially beneficial.
Recent insights from the Panama Report and extensive coverage in
a Forbes article featuring Richard Kiibler discuss how Panama is
experiencing a dynamic shift in its investment landscape, thanks to
innovative projects led by firms like SDRI. These developments are
making Panama an increasingly attractive destination for global
investors seeking opportunities in Latin America. The strategic
vision of SDRI, under the guidance of leaders like Richard Kiibler
and supported by William Baquet, is setting new standards in luxury
development while fostering a business climate conducive to
attracting more international capital. This shift highlights
Panama's strategic location, improved infrastructure, and stable
political environment, which are attracting significant foreign
investment, projecting a bright future for the economic landscape
of the region.
The team at Spartan Capital Securities extends its deepest
appreciation to both the leadership at SDRI and the dedicated
Spartan team whose efforts were crucial in the realization of this
deal.
We would also like to acknowledge Steven Morse, Esq. of Morse
& Morse, PLLC, for his guidance as Issuer counsel in this
transaction.
About Spartan Capital Securities, LLC:
Spartan Capital Securities, LLC is a premier full-service
financial firm, providing expert investment advice to
high-net-worth individuals and institutional clients. Known for its
deep market knowledge, strategic risk management, and personalized
service, Spartan Capital stands as a pillar of integrity and
professionalism in the financial services industry. For more
information, visit www.spartancapital.com.
Contact:
Spartan Capital Securities, LLC
45 Broadway, 19th Floor
New York, NY 10006
investmentbanking@spartancapital.com