Sri Lanka People’s Leasing and Finance to sell Rs3bn in debentures

September 03, 2014 (LBO) – Sri Lanka’s People’s Leasing and Finance said it will sell up to 3.0 billion rupees, listed debentures with subscriptions opening on September 15. About 30,000,000 senior unsecured redeemable rated debentures will be issued at a price of 100,000 rupees each, the announcement said. The bank said this in an announcement of Colombo Stock Exchange (CSE).

The CSE has approved in principal an application for listing debt securities of the People’s Leasing.

People’s Leasing is Sri Lanka’s largest non-bank lender.