Capital Plan

Feb 06, 2014 (LBO) – Nations Lanka Finance Plc said it would raise 1.

4 billion rupees by selling shares to a foreign investor.

The firm said in a stock exchange filing that it wanted to sell shares and warrants totaling 29.

9 percent of company to Global Emerging Markets Yield Fund LLC. Sri Lanka’s finance companies are required to raise more capital, consolidate to become larger under regulatory direction.