Jamaica Money Market - May 2018

AN INVESTMENT OPPORTUNITY (JUST FOR YOU)



TRANCHE 1

TRANCHE 2

TRANCHE 3

TRANCHES

Fixed Rate JMD Bond—Up to J$3.84B

Fixed Rate US$ Indexed Bond—Up to US$20M (J$ equivalent)

Fixed Rate USD Bond – Up to US$5M

COUPON RATE

[8.50%] per annum

7.00%per annum

6.50%per annum

INTEREST PAYMENT DATE

Annually —first 2 years and semi-annually thereafter

Annually —first 2 years and semi- annually thereafter US$80K (J$ equiv) and multiples of US$10k (J$ equiv).

Annually —first 2 years and semi-annually thereafter US$80K and multiples of US$10K

MINIMUM SUBSCRIPTION:

J$5M and multiples of J$1M

TAXATION

Payments of Interest due from the Issuer will not attract withholding tax.

COLLATERAL ARRANGEMENTS:

• A Jumbo Bond held by the Trustee on behalf of the Bondholders • Bond Purchase Agreements. • Trust Deed. • Deed of Assignment, to assign and transfer US$80M of distributions due from the ICC during the years 2020–2023 • Irrevocable Letter of Undertaking from the ICC to remit to Trustee US$80M over 4 years 2020–2023from amounts due to CWI. • Charge over Investment Account in favour of the Trustee for the benefit of Bondholders

PRINCIPAL REPAYMENT:

Principal will be repaid in full on Maturity Date.

TRIVIA

TAKE A BREAK! P W H D G F P K D I J H D B E R O S A G T I V A N R S N M N X J R Q Z N D S P S A F Z N I J N L T G K N G D U W L O T A X A V S F I P Z A R R Z S B L R J T Z U O J V K A O J E I A L O D P V Y L U R N U K H M T N U O N Z A I I E C T E Y K V Q U P K R O W D O E F B C K V I N V E S T M E N T E B Z A M Z T W S G D G A E A Y H I E Z A J U D K Z Q K F V S S E X F N X Y N J F R T Y M Y R E D Y J Y Y C N E R R U C A K B R B S D T E A M S L L K R Y H O V

3. WHO IS THE BRANCH MANAGER AT MANDEVILLE?

1. WHAT IS THE LONGEST RIVER IN JAMAICA? a. Green River b. Yallahs River c. Rio Minho d. Black River 2. IN OCTOBER 2007, WHOWAS THE CAPTAIN OF THE WEST INDIES CRICKET TEAM? a. Shivnarine Chanderpaul b. Brian Lara c. Ramnaresh Sarwan d. Chris Gayle

a. Simone Thomas b. Lance Duhaney c. Dian McLean d. Andrew O’Conner 3. WHICH OF THESE CRICKET PLAYERS HAS NOT BE KNIGHTED? a. Everton Weekes

b. Clyde Walcott c. Conrad Hunte d. George Headley

ALAINE CURRENCY INSURANCE INVESTMENT ALAINE CURRENCY INSURANCE INVESTMENT ISLAND KAREEM KINGSTON

ISLAND KAREEM KINGSTON MAY

PORTFOLIO TEAM

3 876 704 3734

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