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Economy & businessUpdated

Sri Lanka’s Nations Trust Bank to raise Rs13.8bn in rights issue

From EconomyNext ·
Headline from EconomyNext
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Sri Lanka’s Nations Trust Bank to raise Rs13.8bn in rights issuePhoto: EconomyNext

AI summary · 1 min read

1 min readFrom 1 outlets
  • EconomyNext reports that the bank plans to issue 45,467,286 ordinary non-voting convertible shares at Rs305 each.
  • EconomyNext reports that the offer ratio is three new shares for every 22 held on November 18.
  • EconomyNext says full subscription would lift stated capital from Rs13.99 billion to Rs27.86 billion.
  • EconomyNext reports that the issue is due to close on December 14, 2026.
Based on: EconomyNextWritten by AI from EconomyNextthese 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. Hiru News · Sri Lanka sells 100 billion rupees in 2029, 2031, and 2036 bonds
  2. Daily Mirror · Govt. eyes US $ 100mn dollar bond sale with room to triple offer
  3. EconomyNext · Sri Lanka sells extra Rs2.2bn Treasury bills after auction

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