Deals & Investment — CaribEcon

CaribEconCaribbean Macro Almanac

20 transactions · 2015–2026 · Sources: company announcements, official releases, public filings, and credible regional business press

DebtJul 2026TTUp to US$500m

IDB Invest approves US$500m financing for ANSA McALIDB Invest and Japan International Cooperation Agency (JICA) (lenders); ANSA McAL Group (borrower)

IPOJul 2026TTUndisclosed

West Indian Traders becomes fifth SME Market listingWest Indian Traders Ltd (WIT)

M&AJul 2026JM$620m

Image Plus to pay $620m for recent acquisitionsImage Plus Consultants Ltd (trading as Apex Radiology), acquirer of Island Radiology and The Woman's Place

M&AJul 2026JMUndisclosed

Dolla Financial completes acquisition of Evolve loan portfolioDolla Financial Services Limited (acquirer); Evolve Loan Co Limited (seller)

M&AJun 2025TTAll-share exchange; cash consideration not disclosed

Agostini Ltd completes takeover of Prestige Holdings Ltd (KFC, Pizza Hut franchisee) in all-share dealAgostini Ltd (acquirer) / Prestige Holdings Ltd

FDISep 2024GYUndisclosed

ExxonMobil FID on Hammerhead — sixth Stabroek Block development, expected on-stream 2029ExxonMobil, Hess, CNOOC

OtherMar 2024TTUndisclosed

Shell signs new 15-year gas supply contract with Trinidad's National Gas Company through 2038Shell / National Gas Company of T&T

BondFeb 2024TTUSD 200mn

NIQUAN Energy completes USD 200mn refinancing of gas-to-liquids plant at Point Lisas Industrial EstateNIQUAN Energy / International Finance Corporation

JVNov 2023TTUndisclosed

Heritage Petroleum completes farm-in with BG T&T (Shell) on Block 2(c), deepening domestic output partnershipHeritage Petroleum / BG Trinidad & Tobago (Shell)

M&AOct 2023GYUSD 53bn

Chevron acquires Hess Corp for USD 53bn, gaining a 30% stake in Guyana's Stabroek BlockChevron (acquirer) / Hess Corp

M&ASep 2023GYTTUSD 1.7bn

Digicel sold to Marathon Asset Management in USD 1.7bn debt restructuring agreementDigicel Group / Marathon Asset Management

ConcessionJun 2023TTUSD 350mn

Port Authority of T&T awards USD 350mn contract for Port of Port-of-Spain expansionPort Authority of T&T / ABI Group (consortium)

OtherDec 2022GYUSD 750mn

Guyana sells first LCDS carbon credits to Norway for USD 750mn under first-of-kind REDD+ dealGovernment of Guyana / Government of Norway

ConcessionOct 2022GYUSD 1.3bn

Guyana Gas-to-Shore project (GPL) awarded — natural gas pipeline and NGL plant, USD 1.3bnGovernment of Guyana / SBM Offshore / GPL

FDIApr 2022GYUSD 12.7bn

ExxonMobil sanctions Yellowtail development — fifth FPSO offshore Guyana at cost of ~USD 12.7bnExxonMobil (45%), Hess (30%), CNOOC (25%) / SBM Offshore (FPSO)

M&AApr 2021AGDMGDKNLCVCUndisclosed

Five-bank indigenous Eastern Caribbean consortium completes acquisition of RBC's regional branch network (11 branches, 7 territories)1st National Bank of St. Lucia, Antigua Commercial Bank, Bank of Dominica, Bank of Montserrat, Bank of Nevis (consortium) / Royal Bank of Canada

M&AMar 2021TTUndisclosed

ANSA Merchant Bank acquires Bank of Baroda's Trinidad and Tobago operations (3 branches), rebrands as ANSA BankANSA Merchant Bank Ltd (subsidiary of ANSA McAL) / Bank of Baroda (Trinidad and Tobago) Ltd

M&AOct 2019DMGDKNLCVCVG~USD 178-179mn combined

Republic Bank (RFHL) completes acquisition of Scotiabank's Eastern Caribbean and BVI banking operations across 8 territoriesRepublic Financial Holdings Ltd (acquirer) / Scotiabank

M&AMar 2019KYUSD 198.47mn

Republic Bank (RFHL) acquires 74.99% of Cayman National Corporation for USD 198.5mnRepublic Financial Holdings Ltd (acquirer) / Cayman National Corporation

M&AMar 2015TTJMBBGDVCLCUSD 1.85bn equity; ~USD 3.025bn enterprise value incl. ~USD 1.17bn assumed debt

Cable & Wireless Communications completes ~USD 3.0bn acquisition of Columbus International (Flow brand)Cable & Wireless Communications (acquirer) / Columbus International Inc.