Sri Lanka’s Commercial Credit and Finance to issue Rs1bn debt

Commercial-Credit-and-Finance

May 11, 2015 (LBO) - Sri Lanka’s Commercial Credit and Finance, to issue debenture to raise one billion rupees which will be listed on the Colombo Stock Exchange, the bank said in a stock exchange announcement. The company plans to offer 10,000,000, rated, subordinated, guaranteed, redeemable debentures at an issue price of 100 rupees each.
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The date of opening the subscription list will be 21st of May this year and First Capital Limited is the managers to the issue.
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