Aug 22, Colombo: Sri Lanka's Softlogic Holdings, a diversified conglomerate, has received approval from the Colombo Stock Exchange (CSE) to list up to Rs. 1 billion debt securities of the company on the Main Board of the CSE, the company said in a stock market disclosure Wednesday.
Softlogic will initially issue 5 million rated, unsecured, redeemable debentures with each priced at Rs. 100 with an option to issue further 5 million debenture’s in the event of an over-subscription of the initial debentures.
The subscription list would be opened on the 4th of September.
NDB Investment Bank will serve as the managers to the issue.