Omega United Inc. dba SkyPostal Networks Inc. is one of the leading private mail networks in Latin America, handling commercial mail, periodicals and parcel post from European postal agencies, major publishers, international mailers and financial institutions. SkyPostal recently announced the completion of two financing projects totaling $13.2 million in new capital for the company. With the completion of these projects, SkyPostal plans to improve their private postal network.

The first of these recent financing announcements was the completion of a private placement financing totaling $10 million. Falcon Capital, a boutique investment banking firm based in London, acted as placement agent for the financing. The addition of this capital is anticipated to make a significant difference in the size and range of SkyPostal’s current mail delivery network throughout the Latin America-Caribbean region.

The second, and perhaps most important, announcement for SkyPostal is the conversion of approximately $3.2 million of debt into equity in the form of common shares. This conversion leaves SkyPostal’s balance sheet completely debt free, and also represents another large infusion of capital that will aid in the expansion of the company’s GPS-backed services.

President and CEO of SkyPostal, Albert P. Hernandez noted, “We believe this financing will enable SkyPostal to substantially accelerate progress toward our key strategic initiatives and solidify our market presence.” Hernandez also stated, “With recent developments and the closing of this private placement, SkyPostal will be able to consolidate its network in LAC and expand its service offering to Europe. With this additional capital, we will be able to fast track the growth of the company both organically and through strategic acquisitions.”

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