Further to its communiqué dated 05 November 2019 referencing the note programme pursuant to which Rogers and Company Limited (`Rogers' or the `Company') may issue one or more tranches or series of notes for a maximum aggregate nominal amount of MUR 2,000,000,000 via private placements and its communiqué dated 04 December 2019, the board of directors of the Company announced that the Company has successfully raised the balance of MUR 500,000,000 by way of secured floating rate notes via private placements. Swan Securities Ltd. was appointed as "placement agent" for the said note programme. The proceeds of the notes will be used to finance the short term facilities of the Company into longer term credit facilities.