IMPORTANT NOTICE | Mayberry Investments Limited is a cashless institution.

Mayberry Investments Limited is a cashless institution.
Please note that cash deposits into any Mayberry account held at commercial banks, whether made in-branch or via Automated Banking Machines (ABMs), are not accepted and will not be processed. For information on accepted payment methods, please contact your Investment Advisor.

Special Advisory: Caribbean Cement Company Limited (CCC)

May 30, 2018

Caribbean Cement Company Limited (CCC) has advised that on May 28, 2018, pursuant to the authorization of its Board of Directors, the Company entered into two loan agreements with CEMEX España, S.A., a subsidiary of CEMEX, S.A.B. de C.V.: (i) a term loan agreement for US$50 million bearing an annual interest rate of 7.25% to be repaid in full within 7 years from the signature date; and (ii) a revolving loan agreement for US$52 million bearing an annual interest rate of LIBOR plus 420 basis points to be repaid in full within 7 year from the signature date (the “Loan Agreements”).

The proceeds from the Loan Agreements will be used by CCC to pay Trinidad Cement Limited, its parent company, for the purchase of assets mainly consisting of the Kiln 5 and Mill 5 processes at CCC’s Rockfort, Kingston, Jamaica facilities, pursuant to the equipment sale and purchase agreement dated April 27, 2018, the remainder, if any, will be used for general corporate purchases.

 

The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any Action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

More Stories from the Market
shutterstock_453968572
July 15, 2026   United States: US Producer Prices Come in Tame as Pipeline Pressures Abate   An underlying gauge of US produc…
shutterstock_453968572
July 14, 2026   A.S. Bryden & Sons Holdings Limited (ASBH) has advised that Ms. Shelley Sylvester has been appointed to the post of Cor…
shutterstock_148562033
July 14, 2026   Supreme Ventures Limited (SVL) has advised that on July 10, 2026, a connected party sold 100,000 SVL shares.   …
MIL
July 14, 2026 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for July 9, 2026, was J$8.77. MJE’s closing…
shutterstock_537598660
July 14, 2026 Blue Power Group Limited (BPOW) Audited Financials for the twelve months ended April 30, 2026: Blue Power Group Limited (BPOW) for th…
shutterstock_107279942
July 14, 2026 The U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.4% on a season…
shutterstock_537598660
July 14, 2026 Image Plus Consultants Limited (IPCL) Unaudited financials for the first quarter ended May 31, 2026: Image Plus Consultants Limited (…
shutterstock_453968572
July 14, 2026   United States: US CPI Falls for the First Time Since 2020, Core Gauge Flat   US consumer prices declined in J…