Durrant Pate/Contributor

VM Investment Limited (VMIL) is advising that most applicants in its recent J$5.43 billion bond offer in three tranches will get their full allotment.

VM Wealth Management Limited (VMWM), which acted as arranger and advisor to the issuer VMIL, has disclosed the basis of the allotment for the unsecured bonds

In the first, Tranche D June 2026 bonds, all applicants who completed their applications for this tranche by 4:30 pm on January 10, will receive the full allotment of their subscription. 

In the second, Tranche E December 2026 Bonds, all applicants who completed applications by 4:30 pm on January 10, will receive full allotment up to the first J$5,000,000 and thereafter 48.2 per cent of their subscription exceeding J$5,000,000.

In the third and final, Tranche F December 2027 Bonds, all applicants who completed applications by 4:30 pm on January 10, will receive full allotment of their subscription. 

VM Wealth Management thanked subscribers for their participation, adding that it sincerely appreciates the strong interest in this bond offering.