The NCB Financial Group is announcing the maturity of its 6.00% Unsecured Fixed Rate USD Indexed Bond.

The bonds, which were issued on August 31, 2017, are scheduled to mature on August 31, 2021. The bonds have outstanding principal of the Jamaican dollar equivalent of US$140,482,600.

The bonds, which are listed on the Jamaica Stock Exchange (JSE), has been suspended from trading effective Thursday, August 26. On maturity, the bonds will be delisted from the JSE.

In the meantime, NCB Financial Group is currently promoting its Jamaican Dollar three-year senior unsecured corporate bond with a coupon of six per cent, to raise up to J$15 billion with the ability to upsize to J$22 billion.

This offer, arranged by NCB Capital Markets Limited, opened on August 13 and is expected to close on September 2, 2021.