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.
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The issue would be closed at 4.30 pm today as per the prospects.
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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.
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