📈 Aitken Spence Hotel Holdings to Raise Rs. 5 Bn via Debentures

The Board of Aitken Spence Hotel Holdings PLC has approved a plan to raise up to Rs. 5 billion through the issuance of listed, rated, unsecured senior redeemable debentures on the Colombo Stock Exchange. • Issue Structure: The capital raising will be conducted in two tranches. The initial tranche aims for Rs. 3 billion (30 million debentures at Rs. 100 each). • Upsize Option: An additional Rs. 2 billion (20 million debentures) may be issued in the event of oversubscription, bringing the total potential value to Rs. 5 billion. • Regulatory Status: The issue is subject to regulatory approvals; an application for listing on the CSE will be submitted shortly. • Market Terms: Specifics regarding tenure, coupon rates, and interest frequency are yet to be finalized and will be determined based on prevailing market conditions. This move underscores a strategic push for capital in the tourism and hospitality sector, a vital component of Sri Lanka’s foreign exchange earnings and service-led growth. _Note: Summary based on official company disclosure dated January 14, 2026._