Sri Lanka Hayleys to issue debentures

Feb 19, 2015 (LBO) – Sri Lanka, Hayleys PLC, which has interests in export manufacturing, power, leisure and plantations to issue senior unsecured listed redeemable rated debentures of 20,000,000, the company said in a stock exchange announcement.

The company said that the Colombo Stock Exchange has approved in principal an application for listing the debt securities of the company.
The company plans to offer initial issue of 20, 00,000 debt at 100 rupees each.

Subscription list will be open on 26th of February this year, the company said.