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JEP successfully closes $17 billion syndicated loan

Jamaica Energy Partners (JEP), Jamaica's largest Independent Power Provider (IPP), has announced the successful closing of a J$17 billion seven-year syndicated loan.
 
The loan is the result of the organisation's refinancing process to utilise assets for the growth, and expansion of the principal shareholder for Jamaica Energy Partners Limited and West Kingston Power Partners (WKPP).
 
Sagicor Bank Jamaica served as Lead Arranger for J$11.6 billion of the J$17 billion in syndicated loans, while Sagicor Investment Jamaica acted as Lead Arranger for J$5.4 billion in bonds. 


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