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NWC to benefit from $15-billion bond facility

The National Water Commission (NWC), stands to benefit from $15-billion by way of a bond facility that has been arranged by National Commercial Bank Capital Markets.
 
The NWC says the facility will enable it to become more financially viable, re-balance its loan portfolio and reduce the use of  Government Guarantees.
 
A media briefing on the bond issue is scheduled to for Jamaica House this morning .
 
Prime Minister Andrew Holness, other Government officials as well as executives of  NCB and the NWC will be in attendance.


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