Bargain Prices

Riding on the ongoing peace deal, Commercial Bank of Ceylon has raised US$ 65 million via a two-year syndicated loan at rates much lower than the Sri Lankan government.











Riding on the ongoing peace deal, Commercial Bank of Ceylon has raised US$ 65 million via a two-year syndicated loan at rates much lower than the Sri Lankan government. Arranged by HSBC Ltd Colombo, the loan is priced at a floating rate of 75 basis points above the three month's London interbank offered rate or LIBOR.











Three month dollar LIBOR rates currently trade at 4.

28 percent.

The Arrangers: Mandated co-ordinating arranger: HSBC Ltd Subscribe Login Notify of new follow-up comments new replies to my comments Label {} [+] Name* Email* Website Label {} [+] Name* Email* Website 0 Comments Inline Feedbacks View all comments Top wpDiscuz 0 0 Would love your thoughts, please comment.x () x | Reply Insert