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Economy & businessUpdated

BOC to raise up to Rs. 30 b in Sri Lanka’s largest-ever listed debt issue

From Daily FT ·
Headline from Daily FT
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BOC to raise up to Rs. 30 b in Sri Lanka’s largest-ever listed debt issuePhoto: Daily FT

AI summary · 1 min read

1 min readFrom 1 outlets
  • Daily FT reports the issuer is state-owned Bank of Ceylon.
  • Daily FT reports the planned fundraising is up to Rs. 30 billion.
  • Daily FT describes the issue as Sri Lanka’s largest-ever listed debenture issue.

Daily FT reports that Bank of Ceylon (BOC), a state-owned commercial bank, is preparing a listed debenture issue to raise up to Rs. 30 billion.

Daily FT describes the planned offering as the largest listed debenture issue in Sri Lanka’s capital market to date. The report excerpt provides no timing, terms or intended use of the funds.

Based on: Daily FTWritten by AI from Daily FTthese outlets’ reports. Not reviewed by an editor. It can be wrong — the original reports are the authority. .
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Earlier coverage

Reports on the same subject from the months before this story.

  1. EconomyNext · Sri Lanka to raise $100mn through domestic dollar bond auction
  2. Daily Mirror · Govt. eyes US $ 100mn dollar bond sale with room to triple offer
  3. Daily Mirror · Sampath Bank’s Rs. 10 billion debenture issue oversubscribed
  4. EconomyNext · Sri Lanka’s Asia Asset Finance to raise Rs2bn in debenture sale
  5. EconomyNext · Sri Lanka’s Nations Trust Bank to raise Rs13.8bn in rights issue

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