Feb 2023 Financial News

National Investment Fund Holding Company Limited - 9th Semi Annual Coupon Payment

Feb 09, 2023

The National Investment Fund Holding Company Limited (NIF) is pleased to report that:

Since its establishment in mid-2018, NIF has made total interest distributions of $1,009.8 million to over 7,500 bond holders. This consistent distribution has been due to NIF’s well-structured and diversified portfolio. On Thursday 9 February 2023, NIF made the ninth distribution interest payment of $112.2 million to bond holders on the three (3) series of its $4.0 billion bond.

On Wednesday 9 August 2023, NIF will redeem the principal on its Series A Bond of $1.2 billion as well as make the next semi-annual coupon payment to bond holders.

NIF is optimistic about the outlook for 2023 and improvement in performance of their Investee Companies as pent-up demand in several sectors is expected to contribute to economic recovery.

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The Trinidad and Tobago Stock Exchange Limited
Thursday 9th February, 2023