Sagicor Investments Jamaica has secured $3 billion in funding for Supreme Ventures Limited (SVL) through a recently concluded private placement of bonds for the gaming company.
The bond, which will support SVL's growth and expansion strategies, is tenured for five years at a seven per cent interest rate.
The funds will be used to finance the acquisition of PosttoPost Betting Limited, to purchase assets for Supreme Route Limited (formerly Bingo Investments Limited) and to procure video lottery terminal gaming machines and other assets.
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