Scotiabank says it acted as Joint Bookrunner and Dealer Manager for Jamaica's recent US$1 billion international bond issue.
The bank says the issue attracted peak orders of about US$2.5 billion from more than 100 emerging-market investors.
The transaction involved Jamaica issuing 6.25 per cent senior unsecured notes due in 2037, alongside a liability management exercise involving existing bonds due in 2028, 2036 and 2039.
Scotiabank says Jamaica met with about 90 investors during a four-day roadshow in London and New York, while more than 95 additional investors joined online.
Strong demand allowed the government to price the notes at a 6.25 per cent coupon and yield, below the initial indication of about 6.5 per cent.
Scotiabank says the transaction marks Jamaica's return to international debt markets since 2023 and its first US-dollar issuance since 2019.
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