January 15, 2026
Jamaica Broilers Group Limited (JBG) has advised that the Board of Directors, in accordance with the Company’s governance framework, has approved a J$15 billion refinancing arrangement structured in partnership with NCB Capital Markets Limited. JBG has further advised that the arrangement comprises J$6.4 billion in loan facilities provided by National Commercial Bank (Jamaica) Limited, together with J$8.7 billion multi-tranche bonds with maturities extending up to 14 years.
JBG has also advised that as a refinancing solution, the agreement forms a critical component of the Company’s restructuring and operational recovery strategy. It is intended to support corrective actions currently underway following the identification of accounting irregularities in the Company’s U.S. Operations, which affected the Company’s financial performance for the year ended May 3, 2025.
For further information, visit www.jamstockex.com
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