Siyapatha Finance Revises Debenture Target 📈

• Siyapatha Finance PLC has revised the terms for its proposed listed, rated, subordinated, unsecured, redeemable debenture issue. • The maximum fund-raising goal has been adjusted to Rs. 3.75 Bn, down from the initially announced maximum of Rs. 4 Bn. • The total issue size will comprise up to 37.5 million debentures. • The initial tranche is set at 20 million debentures, with a face value of Rs. 100 each and a five-year maturity period. • The company included options for two oversubscriptions: an additional 10 million and a further 7.5 million debentures, if initial tranches are oversubscribed. • The proposed debenture issue is pending final regulatory approvals.