LBO - Colombo Stock Exchange has approved in principle an application for listing the Basel III compliant debt securities of Sampath Bank.
Sampath Bank said it is expected to raise 6 billion rupees by the issue of 60 million debentures at 100 rupees each.
The allotment and secondary trading of this 5 year debenture is limited to qualified investors, Sampath Bank further said.
Subscription list will be open on 15th December 2017. Sampath Bank’s Corporate Finance Department is managing the issue.
Sampath Bank said it is expected to raise 6 billion rupees by the issue of 60 million debentures at 100 rupees each.
The allotment and secondary trading of this 5 year debenture is limited to qualified investors, Sampath Bank further said.
Subscription list will be open on 15th December 2017. Sampath Bank’s Corporate Finance Department is managing the issue.
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