Wednesday 3 December 2014

Sri Lanka Singer to issue Rs10bn debenture issue

Oct 27, 2014 (LBO) – Sri Lanka, Singer Plc to issue debenture to offer 10,000,000 rated senior unsecured redeemable debentures at an issue price of 100 rupees per share, the company said in an announcement of Colombo Stock Exchange.

The company said it will issue up to a further 5,000,000 of the said debentures in the event of an oversubscription of the initial issue.

The subscription list will open on 17th December 2014.

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