Sri Lanka Hayleys’s Rs2bn debt issue oversubscribed

Feb 26, 2015 (LBO) – Sri Lanka, Hayleys PLC’s issue of 20,000,000 senior unsecured listed redeemable rated debentures was oversubscribed today receiving applications for over two billion rupees, the company said in a filing to the stock exchange.

The company issued 20, 00,000 debt at 100 rupees each.
The issue would be closed at 4.30 pm today as per the prospects.

The basic of allotment will be notified to the CSE in due course the company which has interests in export manufacturing, power, leisure and plantations said.