DFC Signs Shareholders Agreement and Loan Restructuring with Royal Mayan Shrimp Farm

Belmopan, Belize, June 26, 2024 – The Development Finance Corporation (DFC) is pleased to announce the signing of a Shareholders Agreement and the restructuring of a loan with Royal Mayan Shrimp Farm. This strategic partnership aims to bolster the shrimp farming industry and support sustainable aquaculture development in Belize.

The Shareholders Agreement signifies a step towards enhancing the operational and financial stability of Royal Mayan Shrimp Farm. This agreement outlines the mutual commitments and strategic goals shared between DFC and Royal Mayan Shrimp Farm, fostering a collaborative approach to achieving long-term growth and sustainability in the aquaculture sector.

The loan restructuring is designed to provide Royal Mayan Shrimp Farm with the financial flexibility needed to expand its operations, optimize its operations and implement advanced aquaculture practices. By restructuring the existing loan, DFC demonstrates its commitment to supporting Belizean enterprises and ensuring continued economic contribution.

For further details, please contact:

Mr. Henry N. Anderson | Chief Executive Officer

Development Finance Corporation

Cell: 610-1183 | Tel: 822-2350/60