June 7, 2018
Derrimon Trading Company Limited (DTL) has advised that the Company has signed a J$625,000,000 Syndicated Facility, arranged and structured by Sagicor Bank Limited and First Global Bank Limited at an attractive interest rate. The facility will be amortized over a period of ten (10) years. DTL also advised that the facility will be utilized to fully liquidate current short-term debts of the Company and will immediately lower the net interest expense.
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