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Nations Trust Bank Unlisted Debenture Oversubscribed Upon Opening - Adaderana Biz English - Vimarsana News

Nations Trust Bank Unlisted Debenture Oversubscribed Upon Opening - Adaderana Biz English

Nations Trust Bank Unlisted Debenture Oversubscribed Upon Opening July, 27, 2021 Applications aggregate LKR 5 Bn, exceeding initial offer value by LKR 2 Bn Nations Trust Bank PLC announced the successful oversubscription of its Unlisted Debenture prior to its opening, aggregating LKR 5 Bn in applications. Structured, managed and placed internally;the Bank planned to raise up to LKR 3 Bn through the issue of 30 million Unlisted, Rated, Unsecured, Senior, Redeemable Debentures at the par value of LKR 100 each. Approved by the Securities and Exchange Commission of Sri Lanka and announced in June...

First Capital Holdings announces LKR 2 Billion Debenture Issue - Vimarsana News

First Capital Holdings announces LKR 2 Billion Debenture Issue

First Capital Holdings PLC (the Group), intends to raise a sum of LKR 1 billion via a Listed, Rated, Unsecured, Senior, Redeemable Debenture issue with a tenor of 5 years with an option of issuing up to a further LKR 1 billion in the event of an oversubscription. Accordingly, FCH will issue 10 million debentures, with the ability to extend to a further 10 million in the event of oversubscription and will be listed on Colombo Stock Exchange by way of an Offer for Subscription. The issue is rated [SL] A with Stable outlook by ICRA Lanka Limited. The debentures in the denomination of Rs. 100 a...