ANSA McAL Limited (“ANSA McAL”) today announced the completion of the sale of Standard Distributors Limited, together with its wholly owned subsidiary Standard Distribution and Sales Barbados Limited (collectively, “Standard”), to Term Finance Holdings Limited (“Term Finance”). The transaction formally closed on December 31, 2025.

The completion of this transaction follows ANSA McAL’s previously announced agreement to divest Standard as part of its ongoing strategic portfolio optimisation, while supporting Term Finance’s regional growth agenda. Standard’s retail operations have closed, and existing service obligations and Hire-Purchase (HP) agreements continue seamlessly under the new ownership.

Information for Customers

Customers with existing Hire-Purchase (HP) agreements may continue to make payments using established channels, including in-person locations, authorised bill payment services, online banking transfers, and credit card payments via www.standardtt.com. Product warranties and service commitments remain in effect, with ongoing guidance provided through Standard’s official website and social media platforms. Visit www.standardtt.com or @standardtt on Instagram or Facebook for additional information.

Evolution of the Standard Brand to Standard Credit

Under Term Finance’s ownership, the Standard brand will evolve into Standard Credit, a dedicated consumer-credit and e-commerce platform. This evolution builds on Standard’s long-standing hire-purchase expertise, while expanding access to flexible credit solutions through strategically located branches and digital channels across Trinidad and Tobago. Customers will continue to receive relevant updates through Standard’s official communication channels as this transition progresses.