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* Sri Lanka's First Capital Holdings announces debenture issue to raise Rs. 500 million
Thu, Feb 13, 2014, 10:41 pm SL Time, ColomboPage News Desk, Sri Lanka.

Feb 13, Colombo: Sri Lanka's leading non-bank financial institution, First Capital Holdings is planning to raise Rs. 500 million via a debenture issue.

The Colombo Stock Exchange (CSE) has approved the application for listing the debt securities of First Capital on the CSE.

Accordingly, the company will issue 5 million, rated, senior, unsecured, redeemable debentures at an issue price of Rs. 100 each.

The issue would be opened for public subscription on 4th March. The Prospectus would be delivered to the member firms and trading members on 20th February.

First Capital Holdings, an entity listed on the Colombo Stock Exchange, is a Primary Dealer in government securities.

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