The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» 8000 Post Club | Celebration of a Great Milestone කිත්සිරි ද සිල්වා
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyToday at 8:49 am by puliyanam

» “බිරිඳගේ සහ පෙම්වතියගේ වෙනස මොකක්ද?”
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyYesterday at 11:51 pm by sanjulanka

» Thread for News on Local and Foreign Politics
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyYesterday at 8:46 am by The Invisible

» Thread for News on CSE and SL Economy
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptySat Aug 24, 2019 8:37 am by The Invisible

» The Central Bank of Sri Lanka Reduces its Policy Interest Rates
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptySat Aug 24, 2019 4:26 am by Ethical Trader

» Dividend Announcement
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyFri Aug 23, 2019 8:16 pm by Rana

» JKH - 155/00 Breakout is pending
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyFri Aug 23, 2019 2:21 pm by pjrngroup

» Browns Investments update
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyFri Aug 23, 2019 10:08 am by sanjulanka

» Thread for News on International Markets
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyFri Aug 23, 2019 9:34 am by The Invisible

» Tokyo as at 21.08.2019 Morning
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Aug 21, 2019 10:07 am by nisashi

» අනං මනං! #/+?.<>
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyTue Aug 20, 2019 8:18 pm by ruwan326

» What Would You Do?
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyMon Aug 19, 2019 1:02 pm by කිත්සිරි ද සිල්වා

» Back of the Legends
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyMon Aug 19, 2019 10:13 am by Topcat

» NTB.N0000 (NATIONS TRUST BANK PLC)
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptySun Aug 18, 2019 10:33 pm by lanka

» Melstacorp (MELS)
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptySun Aug 18, 2019 8:33 pm by The Invisible

» Cargills (CARG)
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptySun Aug 18, 2019 8:26 pm by The Invisible

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptySun Aug 18, 2019 8:18 pm by The Invisible

» SHL.N0000 (Softlogic Holdings PLC)
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptySun Aug 18, 2019 8:14 pm by The Invisible

» SAMP.N0000 (SAMPATH BANK PLC)
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptySat Aug 17, 2019 12:44 pm by nuwanmja

» Hayleys MGT
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyFri Aug 16, 2019 8:55 pm by ruwan326

» CFVF - First Capital
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyFri Aug 16, 2019 9:58 am by CK

» JINS.N0000 ( Janashakthi Insurance PLC)
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Aug 14, 2019 4:57 pm by The Invisible

» Ceylinco Insurance CINS
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Aug 14, 2019 9:18 am by The Invisible

» HNB.N0000 ( Hatton National Bank PLC)
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Aug 14, 2019 9:15 am by The Invisible

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Aug 14, 2019 9:11 am by The Invisible

» Tourism Sector
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Aug 14, 2019 4:55 am by NIRMALSG

» LIOC.N0000 (Lanka IOC PLC)
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyMon Aug 12, 2019 2:55 pm by xmart

» HAYL.N0000 Hayleys PLC
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyMon Aug 12, 2019 1:43 pm by CK

» PABC.N0000 (Pan Asia Banking Corporation PLC)
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyMon Aug 12, 2019 1:33 pm by The Invisible

» Grain Elevators
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyMon Aug 12, 2019 1:31 pm by The Invisible

» Sri Lanka sets US$3.5bn tea export target for 2030
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyMon Aug 12, 2019 1:27 pm by The Invisible

» Tea: July 2019 national average shows gains month on month
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptySun Aug 11, 2019 9:19 pm by Topcat

» OSEA .N
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptySat Aug 10, 2019 6:40 pm by The Invisible

» Sri Lanka mulls reforms to punish 'errant' plantation companies
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptySat Aug 10, 2019 6:33 pm by The Invisible

» JKH.N0000
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptySat Aug 10, 2019 11:38 am by The Invisible

» HHL.N0000 ( Hemas Holdings PLC)
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptySat Aug 10, 2019 10:42 am by The Invisible

» Nestle NEST
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptySat Aug 10, 2019 10:28 am by The Invisible

» Ceylon Tobacco CTC
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptySat Aug 10, 2019 10:26 am by The Invisible

» Volkswagen කතාවේ ඇත්ත තත්ත්වය මෙහෙමයි.
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyFri Aug 09, 2019 5:37 pm by කිත්සිරි ද සිල්වා

» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyFri Aug 09, 2019 5:07 pm by Ethical Trader

» VFIN - where the journey leads it?
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyFri Aug 09, 2019 9:21 am by ruwan326

» UAL.N0000 ( UNION ASSURANCE PLC )
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyFri Aug 09, 2019 9:20 am by ruwan326

» SPEN.N0000
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyThu Aug 08, 2019 10:20 pm by The Invisible

» Lanka Tiles
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyThu Aug 08, 2019 10:15 pm by The Invisible

» Expolanka
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyThu Aug 08, 2019 8:28 pm by ruwan326

» Tile - Snapshot
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyThu Aug 08, 2019 11:37 am by mymoney

» DPL.N0000 (Dankotuwa Porcelain PLC)
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyThu Aug 08, 2019 11:31 am by mymoney

» නිරුවත
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyThu Aug 08, 2019 9:36 am by කිත්සිරි ද සිල්වා

» HAYC - Haycarb
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyThu Aug 08, 2019 7:32 am by Beta

» WATA - Watawala
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Aug 07, 2019 12:03 pm by lanka

August 2019
SunMonTueWedThuFriSat
    123
45678910
11121314151617
18192021222324
25262728293031

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures

Go down

Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures Empty Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures

Post by First Guy on Wed Aug 13, 2014 7:44 am

August 12, 2014 (LBO) - Sri Lanka's Softlogic Finance is to sell up to 1.4 billion rupees in five year fixed and floating rate debenture which will be utilized in order to give financial assistance to build businesses and livelihood of customers, the company said in a media release.

The debenture have been given an “AAA” rating by Ram Rating Lanka.
The company offers 14,000,000 redeemable, guaranteed debentures to the public at a face value of 100 rupees each. The company has already received approval in principal from the Colombo Stock Exchange.

Soft logic offers 5-year debentures paying a fixed interest rate of 10 percent, payable quarterly with an AER of 10.38 percent or based on a floating interest rate of three months net treasury bill + 1.50 p.a., paid quarterly.

The issue will be open for subscription on 21st of August 2014, and the Prospectus and Application forms will be available at all Softlogic Finance branches in addition to all stockbrokers registered with the Colombo Stock Exchange.

Softlogic Finance plans to use this funding line to develop relationships with customers who require financial assistance, to build their businesses and improve their livelihoods.

Softlogic Finance is a part of the Softlogic Group that has interests in Healthcare, Retail, Financial Services, ICT, Leisure, Automobiles and Restaurants.
The Debenture issue of Softlogic Finance has been made in collaboration with GuarantCo who have guaranteed the instrument that carries a Barclays Bank guarantee as part of GuarantCo’s structure.

GuarantCo is owned by the Private Infrastructure Development Group (PIDG) which is a multi-donor, member-managed organization includes the UK Department for International Development (“DFID”), the Swiss State Secretariat for Economic Affairs (“SECO”), the Netherlands Ministry of Foreign Affairs (“DGIS”), the Swedish International Development Cooperation Agency (“Sida”), the World Bank, the Austrian Development Agency (“ADA”), Irish Aid, Kreditanstalt für Wiederaufbau ("KfW"), and the Australian Agency for International Development (AusAid).

http://www.lankabusinessonline.com/news/sri-lankas-softlogic-finance-sells-rs-1.4-bn-debentures/334647571
First Guy
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum