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Sygnus’ Berisford Grey – Listed in Loop Jamaica’s Hot in 2023: Standout personalities in business

Sygnus’ Berisford Grey – Listed in Loop Jamaica’s Hot in 2023: Standout personalities in business

SCI Team Jason Morris

Sygnus Credit brings in US$50m capital raise

(Jamaica Observer Article: Kingston, Jamaica)

Despite seeking a new round of funding close to the yuletide season and in one of the quietest years in recent times on the Jamaica Stock Exchange (JSE), Sygnus Credit Investments Limited (SCI) was able to rake in US$50.25 million (J$7.78 billion) to fund its pipeline of private credit deals and next round of growth.

The St Lucian registered company had published its cumulative redeemable preference share prospectus on November 13 where it had sought US$25.10 million (J$3.99 billion). The offer which opened on November 20 and had an original closing date of December 6 was extended to December 15 due to the offer being oversubscribed. It’s now been revealed on the basis of an allotment published on Friday that SCI’s three classes of preferred shares received US$51.05 million (J$7.91 billion) in applications from investors.

OUR Today Article the-growing-role-of-private-credit-in-modern-financing-what-you-need-to-know

The growing role of private credit in modern financing: What you need to know

(OUR Today – Feature Article) In the dynamic landscape of modern finance, traditional investment avenues are no longer the sole players in the market. Alternative investments, particularly private credit, have emerged as a powerful catalyst, transforming the way businesses secure funding and investors seek returns. As we navigate an era marked by economic uncertainties, Sygnus is at the forefront of this transformation, offering a unique perspective on the evolving role of private credit.

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Sygnus’ Berisford Grey cops emerging business leader accolade at MSMB anniversary gala

The Mona School of Business (MSBM), in marking its 10th anniversary with a gala and awards ceremony, utilised the momentous platform to honour local outstanding leaders in the business world. Among those awarded was Berisford Grey, CEO and co-founder of leading alternative investments firm Sygnus Group, who received the prestigious ‘Emerging Business Leader’ award. This recognition was a testament to his visionary leadership at Sygnus.

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Sygnus Credit Investments delivers record half-year financial performance

Net profit up 16% to a record US$2.86 million as earnings per share jumps 14.3% to US$0.48

Sygnus Credit Investments Limited (SCI) is reporting yet another record performance for the half-year and second quarter, ended December 2022

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Sygnus Credit Investments delisting its cross listed shares

Jamaica-based investment company, Sygnus Credit Investments (SCI) plans to delist its cross listed shares from the Jamaica Stock Exchange (JSE).

The de-listing will affect both J$ and US$ ordinary shares, which were cross listed. The shares of SCI were listed on the Main Jamaican Dollar Market (J$ Market) and the US Dollar Market (US$ Market) of the JSE on June 18, 2018.