Corporate NewsBanking & Financial Services
š Asia Asset Finance to Raise Rs2 Bn via Debenture Issue
⢠Issuance Details: Asia Asset Finance PLC plans to issue 20 million listed, rated, unsecured, senior, redeemable 5-year debentures priced at Rs100 each to raise Rs2 Bn. ⢠Interest & Coupon: Coupon frequency and interest rates will be finalized closer to the Trust Deed execution, aligned with prevailing market rates. ⢠Regulatory Approval: The issue is proposed to be listed on the Colombo Stock Exchange (CSE) and remains subject to regulatory approval. ⢠Sector Impact: Supports capitalization and liquidity within Sri Lanka's banking & financial services sector.
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