Sagicor Financial Company Ltd. Completes Additional U.S.$150million Senior Notes Offering
Toronto and Barbados (December 15, 2021) – Sagicor Financial Company Ltd. (“Sagicor” or the “Company”) today announced that the Company and Sagicor Life Inc., as guarantor, have successfully completed the previously announced offering of U.S.$150 million of its 5.300% Senior Notes due May 13, 2028 (the “Additional Notes”). The Company intends to use all of the net proceeds from this offering for general corporate purposes, including, but not limited to, supporting the growth of its U.S. business.
Dodridge Miller, Group President and CEO of the Company said, “We are pleased with the successful completion and appreciate the ongoing support from Caribbean and international investors. The additional capital will help support our growth initiatives and strategic plan going forward.”