Sri Lanka’s Hemas to open its Rs. 1 bn debt sale, after new year
Sri Lanka’s Hemas Holdings PLC will open its subscription list on the 24th of April to raise up to Rs. 1 billion via a debenture issue.
The diversified group will initially issue 5 million, rated, redeemable debentures at an issue price of Rs. 100 each, with an option to issue another 5 million debts, if the initial tranche gets oversubscribed.