Mayberry Jamaican Equities Closes Oversubscribed Bond Offering Early

Mayberry Jamaican Equities Closes Oversubscribed Bond Offering Early

Mayberry Jamaican Equities (MJE) Limited is excited to share a major development in its ongoing bond offering.

Due to exceptional demand, the Board of Directors has elected to exercise the option to upsize the offering as outlined in the Bond Prospectus dated May 3, 2024. This decision underscores MJE's commitment to meeting investor interest and enhancing its strategic financial initiatives.

MJE proudly announces that its bond offering has been oversubscribed and the Board of Directors has closed the invitation early. All applicants who successfully completed their applications by the new closing time will receive a full allotment of their subscription on a first-come, first-served basis.

According to Gary Peart Managing Director Mayberry Jamaica Equities, this bond offering is a crucial part of MJE's strategic initiatives to bolster its capital base and support its growth objectives. “The funds raised will be used to further diversify and enhance MJE’s investment portfolio, contributing to the company’s long-term vision of delivering superior value to its shareholders. We extend our appreciation to all applicants for their support and confidence,” Peart said.

Mayberry Jamaican Equities Limited remains dedicated to fostering growth and innovation within Jamaica’s financial sector. The decision to upsize and extend the bond offering highlights the company's proactive approach to meeting investor demand and ensuring the success of its strategic initiatives.