Sygnus To Raise $4.5b For New Financing Deals
Sygnus Credit Investments Limited is aiming to raise US$35 million from the market by March next year, to take advantage of a series of deals lined up for financing, says CEO Berisford Grey.
Sygnus Credit Investments Limited is aiming to raise US$35 million from the market by March next year, to take advantage of a series of deals lined up for financing, says CEO Berisford Grey.
Sygnus Credit Investments (SCI), the largest private credit investment company listed on the Jamaica Stock Exchange (JSE), is seeking to raise more capital to finance its growing lending portfolio.
Sygnus Real Estate Finance Limited (SRF), the real estate financing company within the Sygnus Group, is investing US$3 million in a high-end residential development in Ironshore, Montego Bay.
Hard-hitting insights from the panel discussion at Sygnus’ Business at Breakfast Forum hosted by Sygnus Tax Advisory.
Investment outfit Sygnus Credit Investments (SCI) is reporting record net profits, core revenues, and earnings for the financial year ended June 30, 2019.
SYGNUS Credit Investments Limited (SCI) has already raised $600 million or half the $1.2 billion needed to deploy capital to borrowers of medium-sized business entities across the Caribbean.
SYGNUS CREDIT INVESTMENTS Limited, SCI, issued credit to an additional six companies in the December quarter, bringing its deals since inception to 16, and is signalling that it has more prospects lined up.
Sygnus Group has expanded into a second location on Phoenix Avenue dedicated solely to its subsidiary, Sygnus Tax Advisory Limited, the only financial advisory firm in the Caribbean to offer its clients a full suite of tax services.
At the Sygnus Business at Breakfast forum launched Wednesday at the Terra Nova Hotel in Kingston, CEO of Sygnus Credit Investment Ltd, Berisford Grey shared with the Jamaica Observer that the company is the largest listed private credit investment company in the Caribbean, with more than US$38 million in capital.
Sygnus Credit Investments, SCI, is looking to real estate and going beyond Jamaica’s boundaries to make more money for its investors. A property fund is being created for the purpose, but Berisford Grey, CEO of SCI’s management company Sygnus Capital, says it’s too early to relay the details.