Commercial Bank said Thursday it was raising a billion rupees through a five-year preference share issue to strengthen its shareholder funds.
The bank said 50 mn cumulative, redeemable, preference share will be issued at Rs.
online pharmacy buy abilify with best prices today in the USA
buy champix online https://yourolddog.com/wp-content/uploads/2020/08/png/champix.html no prescription pharmacy
online pharmacy buy flexeril with best prices today in the USA
online pharmacy buy stendra with best prices today in the USA
10 with the option of raising a further 50 mn on the same terms, in the event of an over subscription.rn
rnThe new preference shares joins the earlier 90.655 mn cumulative preference share issue, which is redeemable in Sept.
online pharmacy buy diflucan with best prices today in the USA
buy albenza online https://yourolddog.com/wp-content/uploads/2020/08/png/albenza.html no prescription pharmacy
online pharmacy buy spiriva with best prices today in the USA
2006.rn
rnThe existing preference share issue carries a 13 percent fixed dividend, but the new issue would cost the bank only 11 percentrn
rnThe bank also plans to tap the market for Rs. 3 bn with the backing of an issue rating from Fitch Ratings Lanka.
online pharmacy buy hydroxychloroquine with best prices today in the USA
rn
rnThe funds will be largely used to expand the banks leasing portfolio and help expand operations to the North and Eastrn
rnThe five-year subordinated, unsecured, redeemable debentures, carries an option of a fixed or floating interest rate.rn
rnThe floating rate issue is priced at 2 percent above