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  1. News
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  3. Business

2 sources·Updated 1h ago

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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Full coverage

Image: Hiru News - EnglishHiru News - English•1h agoBOC plans Rs. 30 Bn debenture issue

By Hiru News English

Read on Hiru News - English

Also covered by

EconomyNext•19h agoSri Lanka’s Bank of Ceylon to raise upto Rs30bn in debenture sale

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.

Summarised from Hiru News - English

What this story is about

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

Organisations
  • Colombo Stock Exchange2
  • Bank of Ceylon2
  • Fitch Ratings Lanka Ltd
  • Lanka Rating Agency Ltd
Places
  • Sri Lanka2
  • Colombo
Keywords
  • debenture2
  • instruments
  • compliant
  • viability
  • feature
  • rs30bn
  • basel
  • issue
  • plans
  • raise

At a glance

Newsrooms
2
Articles
2
First reported
Oct 26, 7:00 PM
Latest update
Oct 27, 1:19 PM

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