Sri Lanka’s Richard Pieris to sell Rs3.5bn in debt

Apr 17, 2014 (LBO) - Sri Lanka's Richard Pieris Company Ltd, has been given the nod to sell 3.
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5 billion rupees in debt, the Colombo Stock Exchange said. The firm will offer 30 million unsecured redeemable debentures of 100 rupees each with an option to sell a further 5 million in case the first tranche was fully taken up.

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