debentures Archives - Lanka Business News

July 15, 2024

COLOMBO, Sri Lanka — July 12, 2024: Seylan Bank, announced that its recent LKR 10Bn Debenture issue was oversubscribed on its opening day, with applications for over 100 million debentures, signalling strong investor confidence. The Bank issued an initial LKR 5 billion in Basel III-compliant, Tier 2, listed, rated, unsecured, subordinated, redeemable debentures. […]

June 21, 2022

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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Seylan LKR 10Bn Debenture Issue oversubscribed on opening day

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