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BOC plans Rs. 30 Bn debenture issue
The Bank of Ceylon (BOC) has announced plans to raise an initial Rs. 10 billion through the issue of Basel III compliant Tier 2 debentur…
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Summary
10 billion through the issue of Basel III compliant Tier 2 debentures, with the option of increasing the total issue to Rs. The Bank will initially issue up to 100 million debentures at Rs. In the event of oversubscription, it may issue a further 100 million debentures to raise an additional Rs.
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