Sri Lanka’s Sampath Bank to sell Rs5.0bn in debt

Oct 17, 2013 (LBO) – Sri Lanka’s Sampath Bank said it planned to sell 5.0 billion rupees of debt listed on the Colombo Stock Exchange.
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The bank will offer 25 million debentures of 100 rupees each, and another 25 million if the first tranche is oversubscribed.
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Interest earned on listed debentures is tax free.


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