Latest Breaking News On - பரிமாற்றம் தரகு ஆஃப் ஸ்ரீ லங்கா - Page 1 : comparemela.com

Nations Trust Bank Unlisted Debenture Oversubscribed Upon Opening July, 27, 2021 Applications aggregate LKR 5 Bn, exceeding initial offer value by LKR 2 Bn Nations Trust Bank PLC announced the successful oversubscription of its Unlisted Debenture prior to its opening, aggregating LKR 5 Bn in applications. Structured, managed and placed internally;the Bank planned to raise up to LKR 3 Bn through the issue of 30 million Unlisted, Rated, Unsecured, Senior, Redeemable Debentures at the par value of LKR 100 each. Approved by the Securities and Exchange Commission of Sri Lanka and announced in June 2021, the issue was structured by Nations Trust Bank’s Structured Finance Unit and its Management and Placement was done by the Bank’s Treasury Unit. The Bank had options to issue up to a further 10 million debentures valued up to LKR 1 billion, in the event of an oversubscription of the initial issue, and succeeded in exceeding the initial offer value by LKR 2 Bn.

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