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