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by Bajan Reporter / December 12th, 2020 Standard International Group, a leading New York City-based boutique financial advisory firm with a focus on revitalizing critical infrastructure projects across the U.S. Municipal, Caribbean, and West Africa, announced the completion of $193M in financing for St. Maarten’s Princess Juliana International Airport ( PJIAE) Terminal Reconstruction. André Wright, Executive Vice President of Standard International Group, made the announcement. On behalf of St. Maarten and Princess Juliana International Airport, Mr. Wright advised on the $50M loan from The European Investment Bank (EIB) and $50M grant from The World Bank, for a total of $100M in investment capital combined with $22M from the Government of St. Maarten in the form of liquidity support. Mr. Wright also ensured the project received a maximum insurance claim payout of $71M by introducing Willis Towers Watson to serve as insurance advisory services provider.

New yorkUnited statesStandard international groupMaarten princess juliana international airportWorld bankMaarten princess juliana international airport terminal reconstructionPrincess juliana international airportEuropean investment bankStandard international group advisesPrincess juliana international airport terminalBajan reporterInternational groupNew york city basedWest africaExecutive vice presidentWillis towers watson