Jamaica Invites Offers to Tender for Cash Certain Government Bonds
The government of Jamaica has launched an invitation for offers to tender certain outstanding bonds for cash. The offer includes the country's 6.750% Notes due in 2028, 8.500% Notes due in 2036, and 8.000% Notes due in 2039. Holders may tender their notes between September 2 and September 9, 2026, with settlement expected on September 17, 2026. The purchase price per $1,000 of each bond series is fixed at specific amounts: $1,026.25 for the 2028 Notes (adjusted by an amortization factor), $1,170.00 for the 2036 Notes, and $1,180.00 for the 2039 Notes. The government will pay accrued interest in addition to these prices if accepted. The tender is not conditional on minimum participation but depends on Jamaica securing an international capital markets transaction under acceptable terms.