US EditionSri Lanka’s Siyapatha Finance to raise Rs4bn from debentures
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Sri Lanka’s Siyapatha Finance to raise Rs4bn from debentures
ECONOMYNEXT – Sri Lanka’s Siyapatha Finance PLC said it will issue listed, rated, unsecured, subordinated, redeemable debentures to raise 4 billion rupees. 40 million bonds will be issued at 100 rupees each. The bonds will have a tenor of five years and carry, “an interest rate in compliance with the guidelines of the Central Bank of Sri Lanka,” the company said in a stock exchange filing. The issue is subject to obtaining the necessary regulato…
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