Tag: debenture
Sri Lanka’s NDB debenture oversubscribed
June 17,2015 (LBO) – Sri Lanka’s National Development Bank’s debt issue was oversubscribed reciving 10 billion rupees during the early hours of the opening day as per the disclosures made to the CSE by the Registrars to the Debenture Issue, a statement said. The company issued 75,000,000 rated unsecured subordinate redeemable debentures with a par […]
Singer Sri Lanka debenture oversubscribed
Jun 11, 2015 (LBO) – Singer Sri Lanka’s 15,000,000 rated senior secure redeemable debenture valued at 1,500,000,000 has been oversubscribed, the Company said in a stock exchange filling. The issue will close as per its prospectus this evening.The basis of allotment will be notified to the CSE later, the statement said.
EAP Broadcasting to get new rating for debt issue
June 11, 2015 (LBO) – Sri Lanka’s EAP Broadcasting Company Limited said that it has taken all the steps necessary to obtain another rating for its proposed debenture issue which was to be held today.Sri Lanka’s securities watch dog issued a directive to EAP Broadcasting Monday to hold its debt issue citing a conflict of […]
Sri Lanka’s NDB to issue debenture
June 08, 2015 (LBO) – Sri Lanka’s National Development Bank says it will issue 75,000,000 debt with room to offer further.The company said that it will issue 75,000,00 rated , unsecured, subordinated, redeemable debentures with an option to issue up to a further 25,000,000 debentures at the discretion of the bank in the event of […]
‘s Rs5bn Debt Issue Oversubscribed
June 4, 2015 (LBO) – Sri Lanka’s DFCC Vardhana Bank said, that it issued five billion subordinated and senior unsecured listed redeemable rated 5-year listed debt in order to raise 5 billion rupee funds to utilize for on-going lending activities of the bank.The “Type A”, senior, unsecured, listed, redeemable, rated five year (2015/2020) debentures was […]
Sri Lanka’s Commercial Credit Rs1bn debenture issue oversubscribed
May 22, 2015 (LBO) – Sri Lanka’s Commercial Credit and Finance issue of 10 million rupee rated, subordinated, guaranteed, redeemable five-year debentures valued 100 rupees each has been oversubscribed on opening day, the company said in a stock exchange filling.The Issue opened on Thursday 21 May.The five-year rated, subordinated, guaranteed, redeemable debentures will be listed […]
Sri Lanka’s DFCC Vardhana Bank to issue debt
May 20, 2015 (LBO) – Sri Lanka, DFCC Vardhana Bank PLC, is to issue 50,000,000 subordinated and senior unsecured listed redeemable rated debentures at an issue price of 100 rupees per share, with a minimum of 20,000,000 debenture allotted to each type of debenture, the company said in a filing to Colombo Stock Exchange. The […]
‘s Debt assigned final ratings: Fitch
May 19, 2015 (LBO) – Fitch Ratings Lanka has assigned DFCC Vardhana Bank PLC’s proposed Basel II-compliant senior debentures a final National Long-Term Rating of ‘AA-(lka)’ and proposed Basel II-compliant subordinated debentures a final National Long-Term Rating of ‘A+(lka)’, the rating agency said in a press release. The Media Release Reproduced Below:- The final ratings […]