Pan-Jamaican Investment Trust Company Limited (PJAM) has advised, that PJAM raised $3 billion through an issue of corporate bonds, exceeding its initial target of $2.75 billion. Proceeds from the seven-year bond, will be used in part, to pay down existing debt, while the remainder will be put towards general investments. The bond issue was arranged and brokered by Sagicor Investments Jamaica Limited.
Click to read details of press release
