01.09.22

NCB successfully raises US$300 million through international private placement

Hilary Reid
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(876) 922-5860
Luke Phillips
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(876) 922-5860
NCB successfully raises US$300 million through international private placement

Jamaica’s leading commercial bank, National Commercial Bank (NCB), has successfully raised US$300-million on the international capital market.

The money was raised through a private placement, arranged by Florida-based Greyfell Capital Management LLC. The capital raise was executed by way of the securitization NCB’s Credit Card Merchant Voucher Receivables.

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