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Aitken Spence Hotel Holdings PLC - Rs. 5 Billion Debenture Issue Oversubscribed on Opening Day
Sep 16, 202602:29 PM
Aitken Spence Hotel Holdings PLC announced that its maiden listed, rated, unsecured, senior redeemable debenture issue was oversubscribed on its opening day, 15th September 2026.
The Company sought to raise Rs. 3 billion through an initial issuance of 30 million debentures at Rs. 100 each, with an option to issue a further 20 million debentures in the event of oversubscription of the initial issue, increasing the total issue size to Rs. 5 billion.
The Company said it had received applications for more than 50 million debentures, the full amount on offer, prompting the issue to close at 4:30 p.m. on the opening day (15).
The basis of allotment will be announced to the Colombo Stock Exchange as per regulatory requirements in due course.
