The director board of the Seylan Bank PLC has passed a resolution to raise Rs.5 billion through a listed debenture issue. To this end, the bank, yesterday in a stock market filing said 30 million rated, unsecured, subordinated, redeemable debentures at a par value of Rs.100 each would be issued with an option to issue a further 20 million of the said debentures in the event of an oversubscription of the initial tranche. “While the interest rates options/coupons will be decided by the board and announced prior to the opening of the issue, the debentures will be issued for tenures of five and seven years,” the filing said. The bank said the debentures would be listed on the Main Board of the Colombo bourse and an application in this regard would be submitted to the CSE in due course.
Add commentComments 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.
With the increase in egg prices the government decided to import eggs to regu
In order to critically discuss a movement, we must first understand its etymo
Many battles were fought during the long war between the Sri Lankan armed for
When can one say they’ve had enough of being in a state of ‘wokeness’ a
24 Mar 2023 - 1 - 1230
23 Mar 2023 - 1 - 2840
20 Mar 2023 - 3 - 814
18 Mar 2023 - 2 - 950
7 hours ago
24 Mar 2023
23 Mar 2023
Name - Reply Comment