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June 21, 2022
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Business & EconomyFinance

John Keells Holdings PLC to raise the equivalent of USD 75 million via unlisted convertible debentures to Fairfax Financial.

5min
        John Keells Holdings PLC (JKH) announced it will raise the equivalent of USD 75 million of foreign direct investment by way of a private placement of Sri Lankan Rupee (LKR) denominated unlisted convertible debentures (“debentures”) to certain controlled affiliates of Fairfax Financial Holdings Limited, headquartered in Canada (collectively, “Fairfax”). The transaction […]
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