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Sri Lanka’s HNB to raise Rs6bn from listed debenture

HNB

Oct 19, 2016 (LBO) – Sri Lanka’s Hatton National Bank is to raise 6.
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0 billion rupees from a listed debenture issue, the bank said in a stock exchange filing.

The bank has decided to issue rated, subordinated, unsecured, redeemable debentures worth 5.0 billion rupees with an option to go up to 6.
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0 billion rupees. NDB Investment Bank will be managing the debt issue while Acuity Partners will be co-managing the issue. Date of opening of the subscription list is 25th October 2016.
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