Mayberry Investments taps bond market to refinance $2b

The Kingston-based Mayberry Investments Limited on Thursday launched a secured bond offer seeking to raise $2.06 billion from Jamaican retail and institutional investors, with proceeds earmarked for the repayment of an existing debt due this year. “We have since 2024 advocated for investors to allocate a portion of their portfolio into fixed-income investments,” stated MIL Chairman Gary Peart in statements accompanying the bond prospectus.