Debenture Issue by Sri Lanka’s Mercantile Investments & Finance

October, 13, 2014

Mercantile Investments & Finance PLC is preparing for a Debenture Issue to raise Rs. 200 million.

The Colombo Stock Exchange has approved the company’s application to list its debt securities. Accordingly, 02 million senior, unsecured, redeemable, rated debentures are to be issued at Rs. 100 each.

The issue opens on 30 October and the managers to the issue are Kenanga Investment Corporation Ltd and the registrars to the issue are SSP Corporate Services Private Limited.