TRINIDAD | Caribbean Banking's High-Stakes Gamble: NCB's Unprecedented US$300 M Bond Collateral Move
PORT-OF-SPAIN, Trinidad and Tobago - July 24, 2025 - In an extraordinary move that marks a watershed moment for Caribbean corporate finance, Jamaica's NCB Financial Group (NCBFG) has pledged all shares of its Trinidad-based subsidiary Guardian Holdings Ltd (GHL) as collateral for a delayed US$300 million bond.