Sri Lanka’s MTD Walkers to sell Rs3.0bn in listed debt

Sep 17, 2015 (LBO) – Sri Lanka's construction and engineering sector player MTD Walkers is planning to sell 3.

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0 billion rupees of listed debt, the Colombo Stock Exchange said.

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The CSE said it had approved an application by MTD Walkers to offer 25 million debentures of 100 rupees each and a further 5 million if the first tranche is oversubscribed.

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Subscriptions will open on September 28 with NDB Investment Bank and Arpico Ataraxia Asset Management Private Limited is jointly managing the debt issue.