Sri Lanka’s Pan Asia Bank debentures oversubscribed


Sep 23, 2015 (LBO) – Sri Lanka’s Pan Asia Bank said a listed debt offer for four billion rupees had been oversubscribed Wednesday and is closing on the same day.

The bank offered 20 million debentures at 100 rupees each with an option to issue 20 million further.

The basis of allotment is to be notified later.