Companies are said to be lining up to get onto the Junior Market to lock in the tax gains and raise funding for expansion or to pay off debt. Many of the companies have little name recognition outside of their narrow customer and supplier base.

One company that is now being worked on and is said to be near ready to go is Caribbean Energy Finance Corporation that wants to raise around $450 million. The plan, IC Insider understands, will be to fund energy related investments such as equipment, which will be leased by the company.

The company is trying to have the listing before year end and the promoters are currently having road shows with potential investors. The broker is MVL Stockbrokers.

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