Reply To:
Name - Reply Comment
Last Updated : 2024-04-26 02:12:00
REUTERS: Sri Lanka, which last month announced plans to raise US $1.5 billion from the sale of a 10-year sovereign bond, has mandated four foreign banks as lead managers, Finance Minister Ravi Karunanayake said. The banks are Citigroup, Deutsche Bank, HSBC and Standard Chartered, Karunanayake told Reuters. “We have mandated the same banks we did last year and we are looking at the maximum we can go,” he added. The funds raised will be used to fund a budget gap and reschedule some expensive short-term loans, the government has earlier said.
Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.
Reply To:
Name - Reply Comment
US authorities are currently reviewing the manifest of every cargo aboard MV
On March 26, a couple arriving from Thailand was arrested with 88 live animal
According to villagers from Naula-Moragolla out of 105 families 80 can afford
Is the situation in Sri Lanka so grim that locals harbour hope that they coul