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Singer Sri Lanka debentures oversubscribed

Officials from K. Seeds Investments Pvt Ltd (at left) with officials from Commercial Credit and Finance PLC (at right)

May 21, 2013 (LBO) - A 1.5 billion rupee debenture offer by Singer (Sri Lanka) Plc has been oversubscribed, registrars to the issue said.
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The issue will close at 4.30 pm today.

Singer offered 10 million unsecured debentures of 100 rupees each, up-sized to 15 million in the event of an over subscription.

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