Sri Lanka’s HDFC Bank to raise Rs4bn from listed debenture – Lanka Business Online – Sri Lanka business and economy news as it breaks

Nov 07, 2015 (LBO) – Sri Lanka’s HDFC Bank is to raise 4.

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0 billion rupees from a listed debenture issue, the company said in a stock exchange filing.

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The company has decided to issue 30 million debentures at 100 rupees each with an option to issue up to a further 10 million debentures in the event of over subscription, subject to the necessary regulatory approvals.

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The subscription list will be open on 16 November 2015 and NDB Investment Bank with BOC managing the debt issue.
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