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VM Investments marked a major milestone on Thursday with the official listing of its latest bond offering on the Jamaica Stock Exchange.<\/p>\n
The bond, initially structured to raise J$5.34 billion, received an overwhelming response from investors, ultimately being oversubscribed by approximately J$1.2 billion.\u00a0<\/p>\n
The listing ceremony was held at the JSE’s offices in downtown Kingston.<\/p>\n
Dwight Jackson, Assistant Vice President for Capital Markets at VMIL, described the bond’s success as a powerful endorsement from the market and a springboard for the company’s next phase of development.<\/p>\n
Funds raised will be directed toward financing new projects, bolstering liquidity, and expanding the company’s footprint through acquisitions and private equity investments.<\/p>\n
Originally opened on December 19, 2024, the bond offer was extended beyond its initial close date due to strong market demand, officially closing on January 10, 2025.<\/p>\n
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co*****<\/span>@***********<\/span>ne.com<\/span> Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"VM Investments marked a major milestone on Thursday with the official listing of its latest bond offering on the Jamaica Stock Exchange. The bond, initially structured to raise J$5.34 billion, received an overwhelming response from investors, ultimately being oversubscribed by approximately J$1.2 billion.\u00a0 The listing ceremony was held at the JSE’s offices in downtown Kingston.<\/p>\n","protected":false},"author":1,"featured_media":848343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27635,23322],"tags":[],"class_list":{"0":"post-848342","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investments","8":"category-offering"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/848342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=848342"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/848342\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/848343"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=848342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=848342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=848342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}