Sri Lanka’s LB Finance debenture issue oversubscribed

Dec 05, 2017 (LBO) – Sri Lanka’s LB Finance 3 billion rupee debenture issue was oversubscribed, Monday.

The subscription list of the issue was opened on 4 December, the company said in a stock exchange filling.

Capital Alliance functioned as mangers to the issue.

LB Finance, is non banking financial company and also functions in the micro-finance sector in the island.