NCBJ Raises US$150Mn Via Securitization

National Commercial Bank Jamaica Limited (NCBJ) has advised that it successfully completed the securitization of its Credit Card Merchant Voucher Receivables. The transaction closed on November 21, 2016 and generated financing of US$150,000,000.00 via the issuance of notes backed by future flows derived from international merchant voucher receivables acquired by NCBJ in Jamaica.