The high-yield notes are due 2030

Davis Polk advised the initial purchaser in connection with NCB Financial Group Limited’s inaugural issuance of $225 million of 11.000% senior secured notes due 2030. The notes were offered pursuant to Rule 144A and Regulation S under the U.S. Securities Act of 1933.

NCB Financial Group Limited is the holding company of a leading banking and financial services group in Jamaica. It is also one of the largest financial conglomerates in the Caribbean, with operations in 21 territories, including Aruba, Barbados, Bonaire, Curaçao, Jamaica, St. Maarten, and Trinidad and Tobago.

The Davis Polk corporate team included partner Maurice Blanco and counsel Konstantinos Papadopoulos and James Vickers. The tax team included partner Aliza Slansky and associate Ziyu (Jessie) Lin. Members of the Davis Polk team are based in the New York and São Paulo offices.

Copy link to share post