š Abans Finance to Raise Rs. 1.5 Bn via Debentures š
⢠Abans Finance PLC board has approved issuing up to 15 million listed, rated, senior, unsecured, redeemable debentures, aiming to raise a maximum of Rs. 1.5 billion. ⢠The debentures will be listed on the Colombo Stock Exchange. ⢠This move is set to strengthen the company's funding base and diversify its borrowing structure. ⢠The capital is intended to meet anticipated credit demand in the coming year. ⢠The issuance is subject to all necessary regulatory approvals. ⢠Details on tenure, coupon structure, and opening date will be announced post-regulatory clearance.
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