LOLC increases proposed Debenture to raise Rs. 10 bn | Daily News

LOLC increases proposed Debenture to raise Rs. 10 bn

LOLC Holdings PLC (“the Company”) has decided to increase the issue size of the proposed Debenture Issue from 65 million to up 100 million Listed, Rated, Unsecured, Senior, Redeemable Debentures amounting to Rs 10 billion.

The company said in a stock exchange disclosure that the issue will be subject to necessary regulatory approvals and that the Company proposes to have these Debentures listed on the Colombo Stock Exchange.