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2 sources2h ago

Sampath Bank plans up to Rs. 50 Bn Tier 2 debt issue

Sampath Bank PLC plans to raise to Rs. 50 billion through one or more issuances of Basel III-compliant Tier 2 listed, rated, unsecured s

EconomyNext•2h ago
Sri Lanka’s Sampath Bank to raise up to Rs50bn in debentures, green bonds
By Ranul Seneviratne
Read full article

Summary

Up to 500 million listed, rated, unsecured, subordinated, redeemable instruments will be offered at 100 rupees each. The funds will be raised in one or more tranches within three years from the date of obtaining shareholder approval.

Summarised from EconomyNext

What this story is about

Organisations
  • Colombo Stock Exchange
  • Sampath Bank PLC
  • Sampath Bank
Places
  • Colombo2
  • Sri Lanka
Keywords
  • instruments
  • debentures
  • issuances
  • rs50bn
  • rupees
  • bonds
  • green
  • issue
  • plans
  • raise

Names and places drawn from every article in this story. The number shows how many of them mentioned it.

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Also reported by

2 newsrooms have reported this story

  • Sampath Bank plans up to Rs. 50 Bn Tier 2 debt issueHiru News - English·3h ago
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