Thursday 13 February 2014

Sri Lanka based First Capital plans Rs. 500 mn debt sale

First Capital Holdings Limited is planning to raise Rs. 500 million via a debenture issue.
The issue would be opened for public subscription early next month.

The company will issue 5 million, rated, senior, unsecured, redeemable debentures at an issue price of Rs. 100 each.

The debts once issued would be listed on the CSE.

The issue would be opened on the 4th of March.

First Capital is a firm engaged in structuring and placing of listed and unlisted corporate debt products and also acts as a primary dealer, wealth manager, unit trust and corporate finance firm.
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