Access Engineering Rs.5bn debt issue gets CSE nod

3 November 2015 03:03 am - 0 - {{hitsCtrl.values.hits}}

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Access Engineering PLC yesterday received the principle approval to list its debt securities on the Colombo Stock Exchange (CSE).
The company, which has interests in construction, real estate, property development and motor sectors, said it was raising Rs.5 billion through a debenture issue.
Accordingly, Access Engineering will be issuing 30 million rated, unsecured, redeemable debentures with an option to issue up to a further 20 million debentures at a par value of Rs.100 each.
The subscription list of the debt issue will open on November 12.
The issue is managed by NDB Investment Bank Limited. PW Corporate Secretarial (Private) Limited functions as the issue registrars.

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Access Engineering Rs.5bn debt issue gets CSE nod

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