National Commercial Bank Jamaica Limited has advised that NCBJ intends to raise up to US$150,000,000.00 (ONE HUNDRED AND FIFTY MILLION UNITED STATES DOLLARS) by way of the Securitization of its Credit Card Merchant Voucher Receivables.
The transaction will be rated by FITCH Ratings and placed in the International Private Placement Market by their arranger Westwood Capital LLC. The transaction is expected to close by November 21, 2016.
