Caribbean Producers Jamaica Limited (CPJ) List First Bond for 2019

• Caribbean Producers Jamaica Limited (CPJ) listed its $500Mn bond on the JSE Junior Market on June 21, 2019.
• This bond listing was the first bond listing on the Junior Market for 2019 and Scotia Investments Limited was the arranger.
• Mrs. Marlene Street Forrest stated that “the Jamaica Stock Exchange is delighted to be able to provide the platform where companies can not only raise equity but debt to expand their businesses.
• CPJ’s Chairman, Mr. Mark Hart stated that he was happy that investors had great confidence in CPJ to allow them to raise the $500Mn in short order. He stated that there was no better place for companies to raise capital, whether debt of equity than on the stock market.

 (Source: JSE)