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Sri Lanka’s Commercial Bank to raise up to Rs.20bn via debentures
The debentures will be issued in three tranches depending on investor interest

By Hiru News English
Read full articleThe debentures will be issued in three tranches depending on investor interest

In the event of an oversubscription of the initial issue, Commercial Bank has the option to issue an additional 50 million debentures amounting to a further Rs. The bank also retains a further option to issue an additional 50 million debentures, raising another Rs. 5 billion, taking the total potential issue size to Rs.
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