Commercial Credit's issue of 5 million debentures, each priced at Rs. 100, has been oversubscribed.
The Sri Lankan firm came out with the issue of this 5 year tenor Unsecured Subordinated Redeemable Debentures in a bid to raise Rs. 500 million.
Commercial Credit initially issued 2.5 million debentures to raise Rs. 250 million, with an option to issue further 2.5 million debentures to raise a similar amount at the same price, in case of an over-subscription.
For more.
Join
Investment Asia
community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!
