The National Development Bank (NDB) hopes to raise a maximum of Rs 10 billion in debentures.
The bank will go for a debenture through the issuance of listed rated unsecured subordinated redeemable debentures amounting to Rs. 7.5 billion with an option to raise up to Rs. 10 billion subject however to obtaining all necessary regulatory approvals.A resolution has been adopted by the NDB Director Board to pursue with the said debenture issue.
www.dailynews.lk
The bank will go for a debenture through the issuance of listed rated unsecured subordinated redeemable debentures amounting to Rs. 7.5 billion with an option to raise up to Rs. 10 billion subject however to obtaining all necessary regulatory approvals.A resolution has been adopted by the NDB Director Board to pursue with the said debenture issue.
www.dailynews.lk
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