Business
JAM | Sep 15, 2022

AHL inks $100-million deal with iCreate

/ Our Today

administrator
Reading Time: < 1 minute
Tyrone Wilson (left), founder of iCreate, with Able-Don Foote of Astronomical Holdings Ltd.

Astronomical Holdings Limited, a privately held investment company of attorney-at-law and investor Able-Don Foote, has inked a convertible debt deal with iCreate in the amount of $100,000,000. 

The deal allows Astronomical Holdings, through its subsidiary AHL (SPV) Ltd, to convert the debt into equity.

Foote, commenting on behalf of AHL, hinted that the decision by the company to invest in iCreate was due primarily to iCreate’s growth prospects through the impending purchase of Visual Vibe Limited, the largest digital outdoor advertising company in Jamaica. 

Comments

What To Read Next

Business JAM Dec 4, 2025

Reading Time: 2 minutesStella Global Realty (SGR) will host an exclusive Commercial Investment ‘Sip and See’ event at its Kingston office, inviting entrepreneurs, investors, business owners, and industry professionals. 

Set for December 6, between 1:00 p.m. to 4:00 p.m. at Stella Global Realty Kingston Office 11-1/2 Connolley Avenue, Kingston 4, the event is designed to seamlessly merge high-value commercial property touring with critical financial education necessary for large-scale acquisitions.