Sagicor talks up 2028 tap

Sagicor talks up 2028 tap

Corporate & Sovereign Strategy Bonds Debt Fixed Income Capital Markets Barbados

Barbados-based financial services conglomerate Sagicor Financial Corporation started calling investors on Tuesday to drum up interest in a tap of its 5.3% 2028 bonds for up to $150 million, according to a source close to the deal. The financials firm has hired JPMorgan as global coordinator with RBC, JMMB Group and its own investment banking division, Sagicor Investments, as joint bookrunners, the source said. According to S&P Global Ratings, Sagicor plans to use a portion of the proceeds fr

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