August 11, 2008
RBTT is eyeing the expansion of Jamaica’s Highway 2000 that should come to
RBTT is eyeing the expansion of Jamaica’s Highway 2000 that should come to the market in 4 to 5 months, according to Christopher Mack, vice president of capital markets for RBTT. The $300m deal will be a combination of a refinancing of bonds issued to fund the first phase of the project and new debt, Mack says. RBTT was the lead bank in the placement of a February 2004 $130m bond issue that financed the first phase of the highway, Mack adds. RBTT was acquired by Canada’s RBC in June for $2.2bn.