Caribbean Information and Credit Rating Services Limited (CariCRIS) has upgraded the assigned Corporate Credit Ratings to Sygnus Credit Investments Limited (SCI or the Company) by 1-notch to CariBBB- (Foreign Currency (FC) and Local Currency (LC)) on the regional rating scale and jmBBB+ on the Jamaica national scale (FC and LC).
Sygnus Credit Investments Limited, a Caribbean leader in alternative investments and pioneers in private credit announced at its recently held Annual General Meeting (“AGM”) on January 26, 2022, that the company anticipated receiving regulatory approval for the acquisition of Acrecent Financial Corporation, a private credit company formed in 2003 in Puerto Rico within the next 30 – 60 days.
Sygnus Real Estate Finance simultaneously released its audited financial statements for the year ended August 31, 2021 (FYE Aug 2021) and the quarterly results for the three months ended November 2021 (Q1 2022).
Sygnus Real Estate Finance Limited (SRF) recently successfully closed J$3.2 billion in financing for its One Belmont commercial development project.