š Siyapatha Finance Debenture Issue Over-Subscribed
Siyapatha Finance PLC has successfully closed its debenture issue after receiving applications exceeding the maximum target of Rs. 3.75 Billion. The offer was officially closed on March 20, 2026, due to strong investor demand. ⢠Issue Details: The capital raise consisted of listed, rated, subordinated, unsecured redeemable debentures. ⢠Subscription Tiers: The initial tranche of 20 million debentures was expanded via two oversubscription options (10 million and 7.5 million), reaching the full Rs. 3.75 Bn cap. ⢠Market Sentiment: The rapid oversubscription reflects a robust appetite for fixed-income instruments within the financial services sector under current market conditions. ⢠Next Steps: The basis of allotment will be notified to the Colombo Stock Exchange (CSE) shortly. Based on official company filings as of March 23, 2026.