CSE nod for Sanasa Bank debt listing

23 December 2015 02:58 am

Colombo Stock Exchange has given its consent in principle to list debt instruments of Sanasa Development Bank PLC amounting to Rs.4 billion.
The bank will be issuing 20 million rated, guaranteed, redeemable debentures each at Rs.100 with the option to issue a further 20 million in the event the oversubscription of the first tranche. 
The subscription list of the issue will open on December 28th. NDB Investment Bank will be managing the issue.