Aitken Spence Hotel Holdings PLC announced that its maiden listed, rated, unsecured, senior redeemable debenture issue was oversubscribed on its opening day, 15th September 2026. The Company sought to raise Rs. 3 billion through an initial issuance of 30 million debentures at Rs. 100 each, with an option to issue a further 20 million debentures...
3 billion through an initial issuance of 30 million debentures at Rs. 100 each, with an option to issue a further 20 million debentures in the event of oversubscription of the initial issue, increasing the total issue size to Rs. The Company said it had received applications for more than 50 million debentures, the full amount on offer, prompting the issue to close at 4:30 p.m.
Summarised from Ada Derana Biz
Organisations- Aitken Spence Hotel Holdings PLC2
- Colombo Stock Exchange2
Keywords- oversubscribed2
- debenture2
- issue2
- applications
- exceeding
- receiving
- opening
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