Corporate NewsTourism, Hospitality & Leisure

šŸ“ˆ Aitken Spence Hotel Holdings to Raise Rs 5 Bn via Listed Debentures

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• Key Figures & Issuance: • Total Capital target: Up to Rs 5.00 Bn (Initial Rs 3.00 Bn + Rs 2.00 Bn oversubscription option). • Instrument details: 30 million listed, rated, unsecured, senior, redeemable debentures priced at Rs 100 each. • Subscription date: List opens on September 15, 2026. • Fixed-Rate Options: • Type A (5-Yr): 13.00% p.a. paid annually (13.00% AER) • Type B (5-Yr): 12.60% p.a. paid semi-annually (13.00% AER) • Type C (7-Yr): 13.15% p.a. paid annually (13.15% AER) • Type D (7-Yr): 12.74% p.a. paid semi-annually (13.15% AER) • Sector & Market Impact: • Strengthens the tourism & hospitality sector's access to long-term local debt financing. • In-principle CSE approval secured for listing. Shares closed at Rs 85.80 (-1.38%).

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