Jamaica Broilers Group Limited (JBG) – Issue of $500M Unsecured Bond

Posted: September 4, 2018 at 9:27 am

Jamaica Broilers Group Limited (JBG) has advised that the company raised J$500,000,000 through the issue of a bond arranged by Sagicor Investments Jamaica Limited.

JBG also advised that the issue date for the bond is August 31, 2018 which matures on September 30, 2019 and the interest rate on the bond is 5.5% and is fixed to the maturity date. JBG further advised that the monies raised are to be used to fund the Company’s working capital requirements.

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