Mayberry Investments Limited (“Mayberry”) is pleased to announce its successful role as the arranger of a Secured Corporate Note that enabled FirstRock Real Estate Investment Limited and its subsidiary FCH Jamaica Developers Limited (“FirstRock”) to fully repay all of its obligations to Sagicor Bank Jamaica Limited.
This repayment, which became effective on September 15, 2025, has resulted in the formal exit from receivership in relation to the real estate project at Bamboo Avenue.
“Mayberry is proud to have partnered with FirstRock in structuring this transaction, which represents an important step in repositioning a significant real estate development in Jamaica,” said Partick Bataille, CEO. “Our team remains committed to supporting transformative projects that create value for our clients, investors, and the wider economy.”
Mayberry congratulates FirstRock on the successful completion of this phase and looks forward to working closely with FirstRock and the successful completion of the Bamboo Avenue project, which is poised to be a landmark development in Kingston.