Jamaica Broilers Group Limited (JBG) – J$4.2B Syndicated Loan Facility and J$2.3B Bond Issue

Posted: February 9, 2016 at 3:53 pm

Jamaica Broilers Group Limited (JBG) has advised that, in two (2) separate transactions completed on February 4, 2016, JBG raised J$2.3 Billion by the issue of a Bond under the Exempt Distribution Guidelines of the Financial Services Commission and borrowed J$4.2 Billion by way of a Syndicated Loan. JBG also advised that the funds raised are being used to partly refinance the Company’s existing debt.

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