Tuesday 19 May 2015

Singer to raise Rs 3b in debenture issue

Singer Sri Lanka will raise Rs 3 billion via a listed debenture issue. Accordingly, the company will issue 20,000,000 Rated, Unsecured,Redeemable senior debentures with an option to a further 10,000,000 debentures at an issue price of Rs 100 each.

The subscription list of the issue will open on May 29. Agora Securities Pvt Ltd and NDB investment Bank are the managers to the issue.
www.dailynews.lk

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