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First Capital Holdings PLC (the Group), intends to raise a sum of LKR 1 billion via a Listed, Rated, Unsecured, Senior, Redeemable Debenture issue with a tenor of 5 years with an option of issuing up to a further LKR 1 billion in the event of an oversubscription. Accordingly, FCH will issue 10 million debentures, with the ability to extend to a further 10 million in the event of oversubscription and will be listed on Colombo Stock Exchange by way of an Offer for Subscription. The issue is rated [SL] A with Stable outlook by ICRA Lanka Limited. The debentures in the denomination of Rs. 100 are offered in two variants, Type A with 5-year fixed interest rate of 10.00% p.a (AER 10.00%) payable annually, Type B with 5-year floating interest rate of weekly AWPLR + 2.00% p.a payable annually. ....