Fosrich Company Limited (FOSRICH) Issues Notes

Posted: December 18, 2018 at 9:31 am

Fosrich Company Limited (FOSRICH) has issued 2 series of Notes during the week as follows:

  1. The 6.75% Asset Backed Notes due 2020, valued at up to J$460 million in the aggregate (the “6.75% Asset Backed Notes”)

      2.  The 9.50% Unsecured Notes due 2020, valued at  up to J$200 million in the aggregate (the “9.50% Unsecured Notes”)

FOSRICH further advised that this new facility replaces the existing J$460 million Mayberry facility and will be used to support the financing required for their new projects. 

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