Empower your business in Sri Lanka and internationally with Prifinance expert corporate and financial services. Streamline company formation and investment opportunities with our tailored advice and solutions.

Sri Lanka to roll-over US500mn bond, extend maturity: Treasury secy

Apr 30, 2012 (LBO) - Sri Lanka will roll-over a maturing 500 million US dollar bond which is maturing in October 2012 and extend its tenor to 10-years, Treasury secretary P B Jayasundera said.
online pharmacy buy flexeril with best prices today in the USA

In 2007, Sri Lanka sold its maiden 500 million dollar sovereign bond.

Jayasundera said whether another 500 million US dollars would be raised to make the total issue billion dollars would be decided based on market conditions at the time.

He said one view was the a billion dollar bond would be able to access larger investment funds.

However as a matter of economic prudence Jayasundera said he would prefer to raise extra money only if high cost borrowings could be settled, so that any borrowings would be 'debt neutral'.

online pharmacy buy propecia with best prices today in the USA

.
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Top
0
Would love your thoughts, please comment.x
()
x