Sri Lanka's LOLC to list 5 & 2-year senior bonds
Nov 18, 2017 13:59 PM GMT+0530 | 0 Comment(s)
ECONOMYNEXT - Sri Lanka's Lanka Orix Leasing Company Ltd, is listing 2.7 billion rupees of bonds in 5 and 2 year tenors, which had been issued on July 31.
The 5-year debentures with a coupon on 13.00 percent paid every six months, (effective rate 13.42 percent) will mature in 2022.
The 2-year bond with a coupon on 12.65 percent, (effective rate 13.05 percent), matures in 2019.
The bonds have an [SL] A (stable) by ICRA Lanka Limited. (Colombo/Nov18/2017)