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06 November, 2013 07:10 AM Source:

Sri Lanka’s LB Finance is planning to raise Rs. 2 billion via a debenture issue which would be listed on the Colombo Stock Exchange.

The Finance firm will initially issue 10 million unsecured, subordinated, redeemable debentures at an issue price of Rs. 100 each, while it will expand the issue by another 10 million debentures if the first tranche gets oversubscribed. More...

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