Jul 2025 Financial News

NCB Financial Group Limited - Notice of Update to Proposed Transaction

Jul 21, 2025

NCB FINANCIAL GROUP LIMITED PROVIDES UPDATE OF PROPOSED TRANSACTION

NCB Financial Group Limited now provides the following update, further to our release last month, on the proposed offering of Senior Notes in the international securities markets (“the Offering”). An updated Preliminary Offering Memorandum is being prepared with a view to being released in the week of July 21, 2025. This is expected to be followed by pricing shortly thereafter and then transaction closure. The timing and completion of the Offering remain subject to factors including market conditions.

This announcement is not an offer, solicitation or sale of securities in the United States or any other state or jurisdiction, and there shall not be any offer, solicitation or sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The securities described in this announcement may only be offered in the United States to “qualified institutional buyers” as defined in Rule 144A under the U.S. Securities Act of 1933, as amended (the “Act”), or to “non-U.S. persons” in offshore transactions outside the United States in accordance with Regulation S thereunder. The securities have not been and will not be registered under the Act, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons absent registration or an applicable exemption from the registration requirements of the Act.

The Offering will be rated by Standard & Poors Ratings Services and Fitch Ratings. A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.


Source:
The Trinidad and Tobago Stock Exchange Limited
Monday 21st July 2025