Special Advisory: Derrimon Trading Company Limited (DTL)

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.

 

 

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.

2018-06-07T19:47:57+00:00