• November 28, 2022
  • 9:20 am

The Board of Directors of ISP Finance Services Limited confirms the issue of a secured bond on October 26, 2022 totaling J$470,000,000 to re-finance debt and for business expansion. The bond was issued in the private placement market with a fixed coupon of 11.50% per annum for the first year and variable at Six (6) month WATBY plus 350 basis points after that subject to a floor of 11.00% throughout the life of the bond. The bond matures on November 22, 2025.

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ISP Finance Services Ltd. published this content on 28 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 November 2022 14:34:05 UTC.