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