Wed, 08 Feb 2023 Today's Paper

Singer Sri Lanka in Rs.3bn debt issue

17 December 2015 03:01 am - 0     - {{hitsCtrl.values.hits}}

A A A

Singer Sri Lanka PLC, a leading white goods retailer in the country, said it was raising Rs.3 billion via a proposed debt issue.
Accordingly, the company plans to issue unsecured senior debentures up to Rs.3 billion, which will have a three-year tenure with a fixed coupon.
The proceeds of the issue will be used to refinance the existing debt, restructure short-term debt and for working capital requirements. Fitch Ratings yesterday assigned the proposed debentures a national long-term rating of ‘A-(lka)(EXP)’. The rating is on par with Singer’s national long-term rating.

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

  Comments - 0

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

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




Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

Jeevan sets a record as Lanka’s youngest-ever Cabinet Minister

Ceylon Workers Congress (CWC) and Nuwara-Eliya district MP Jeevan Kumaravel T

TNA was Born in 2001 Due to Elections Shock of 2000

The Tamil National Alliance (TNA) with 10 seats in Parliament is currently fa

Pain and punishment

Should we spare the rod and spoil the child? Does it really happen? Children

Health System in the emergency room

Sandya Kumari from Kotahena has been experiencing chest pains since 2015 and