Barita Launches Bond Investment Offer

Barita has announced a new bond offer, presenting an investment opportunity with varying terms and rates. According to the company, this bond offer allows investors to leverage an asset that aims to preserve wealth and generate returns.

The offer includes multiple tranches with different tenors (investment durations) and coupon rates.

For US dollar investments, Tranche I offers a 7.00% per annum coupon rate over two years, and Tranche II offers 7.50% per annum over three years.

The minimum purchase for these tranches is US$500.00, increasing in increments of US$50.00.

For Jamaican dollar investments, several tranches are available:

• Tranche III: 2 years, 9.75% per annum
• Tranche IV: 3 years, 10.00% per annum
• Tranche V: 5 years, 10.50% per annum
• Tranche VI: 7 years, 10.75% per annum
• Tranche VII: 10 years, 10.90% per annum

The minimum purchase for Jamaican dollar tranches is JM$50,000.00, with increases in JM$1,000.00 increments.

Barita states that they have a proven track record of growth. Prospective investors are advised to carefully review the prospectus, paying close attention to the risk factors outlined in Section 15, as these risks could impact investment value and returns.

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