Sri Lanka’s Hayleys to raise Rs2bn in listed debt

May 17, 2016 (LBO) – Diversified Hayleys Plc is planning to raise as much as 2 billion rupees from a sale of debentures which will be quoted on the Colombo Stock Exchange.

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The stock exchange said the company wanted to sell up to 20 million debentures at 100 rupees each.

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Capital Alliance Partners and People’s Bank Investment Banking Unit is managing the debt issue and the subscription list will be open on 25 May 2016. The prospectus will be available from today on wards.

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