Sri Lankan Chambers want ‘credibility of the statistics’ investigated
Sri Lanka has started selling a five year tenor sovereign bond with the price guidance set at 6.25-pct.
According to a Bookrunner the issue is a senior unsecured fixed rate bond
EXP. Issue ratings goes as B1 (Moody’s) / B+ (S&P) / BB- (Fitch)
Citigroup, HSBC, Standard Chartered Bank and UBS are acting as the Bookrunners of the Issue.
Sri Lanka is planning to raise up to US$ 1.5 billion via the country’s latest dollar bond issue with the minimum standing at US$ 500 million.
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