PBS Technologies (Trinidad) Limited US $40 Million Bond Issue – Withdrawal of Issue Credit Ratings
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Caribbean Information & Credit Rating Services Limited (CariCRIS), the region’s credit rating agency, wishes to inform the public of the withdrawal of the credit rating and outlook assigned to PBS Technologies (Trinidad) Limited’s (PBSTTL) US $40 million, 7% Fixed Rate Secured Note due in January 2026. This rating was last reported on by CariCRIS in June 2024.
The rating is withdrawn following CariCRIS’ receipt of notice in June 2024, indicating full repayment of the instrument. As a result, the rating will no longer be kept under annual surveillance and as such there will be no further updates on this bond issue rating. PBSTTL, will however maintain a corporate credit rating.
July 3, 2025