NCB Financial Group Limited is pleased to announce, further to its release on July 21, 2025, that it successfully priced a transaction of its Senior Secured Notes in the international securities markets on July 24, 2025. Final issuance size is US$225 million with a coupon of 11% and it is expected to close on July 31, 2025.
The Notes will be rated by Standard & Poors Ratings Services and Fitch Ratings.
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About NCB Financial Group
NCB Financial Group Limited was incorporated in April 2016 to be licensed under the Banking Services Act as the financial holding company for National Commercial Bank Jamaica Limited ("NCBJ"). The NCB Group is the largest and most profitable financial services group in Jamaica, with roots dating back to 1837. Through the bank (NCBJ) and the Group’s wealth management, life and general insurance, and banking subsidiaries in the region, the NCB Group provides a wide array of financial products and services to meet the needs of individual and business clients. The NCB Group includes NCBJ, NCB Capital Markets Limited and its subsidiaries in Barbados and Cayman, NCB Insurance Agency & Fund Managers Limited, NCB (Cayman) Limited, TFOB (2021) Limited, Clarien Group Limited and its subsidiaries in Bermuda, Guardian Holdings Limited and its subsidiaries as well as NCB Merchant Bank (Trinidad and Tobago) Limited in Trinidad and Tobago.
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