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Sri Lanka’s Arpico Finance is planning to raise up to Rs. 600 million via a debt issue, a stock market disclosure by the firm announced.
The firm is planning to initially issue 3 million, rated, unsecured, redeemable debentures at an issue price of Rs. 100 each, while the issue would be increased by another 3 million debts, if the first tranche gets oversubscribed.
The subscription list of the debt issue, which will be listed on the CSE will be opened on the 8th of November.