Hayleys goes for Rs. 2 b debenture issue

Thursday, 19 February 2015 00:00 - - {{hitsCtrl.values.hits}}

Hayleys Plc announced that it has been granted approval in principle by the Colombo Stock Exchange (CSE) for the listing of Rs. 2 billion worth of debentures. The senior unsecured listed redeemable rated debentures will be offered for an initial issue of 20 million debentures at a price of Rs. 100 each with the subscription list opening on 26 February. Capital Alliance Partners Ltd. and Commercial Bank of Ceylon Plc will act as managers to the issue while P.W. Corporate Secretarial Ltd. will serve as registrars to the issue. A prospectus will be delivered to trading members by 16 February.

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