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

Display results as :
 


Rechercher Advanced Search

Latest topics
» සුරැකුම්පත් කොමිසමට නව සභාපතිවරයෙක්
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyYesterday at 8:39 pm by nihal123

» බැඳුම්කර වංචාවේ වෝහාරික විගණන වාර්තාව පාර්ලිමේන්තුවට
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyYesterday at 2:57 pm by nihal123

» Gota's Era
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyYesterday at 10:44 am by yellow knife

» In the Meantime, Within Our Shores !
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyYesterday at 10:17 am by කිත්සිරි ද සිල්වා

» කොටස් තැරැව්කරුවෝ අගමැති මහින්ද හමුවෙති
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyMon Jan 20, 2020 9:29 pm by nihal123

» Obituary Notice.
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyTue Jan 14, 2020 4:14 pm by ipo

» LOLC Holdings
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyMon Jan 13, 2020 6:04 pm by smallville

» SEYB.N0000 (Seylan Bank PLC)
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptySun Jan 12, 2020 10:06 pm by subash

» Happy Birthday
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptySun Jan 12, 2020 9:16 pm by lanka

» අසාදුගත ව්‍යාපාරිකයින්ට රජයෙන් දුන් සහනය මෙන්න
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyFri Jan 10, 2020 9:42 am by කිත්සිරි ද සිල්වා

» ශ්‍රී ලංකා කොටස් වෙළෙඳපොළ ඉතිහාසයේ දෙවැනි විශාලතම කොටස් ගනුදෙනුව අද
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyThu Jan 09, 2020 9:59 pm by nihal123

» Hayleys MGT
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyThu Jan 09, 2020 5:40 pm by subash

» Browns Investments update
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyThu Jan 09, 2020 10:42 am by The Invisible

» Tokyo Cement
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Jan 08, 2020 10:48 pm by The Invisible

» Lanka Tiles
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Jan 08, 2020 10:44 pm by The Invisible

» RCL - Royal Ceramics
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Jan 08, 2020 10:39 pm by The Invisible

» AEL Access Engineering
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Jan 08, 2020 10:30 pm by The Invisible

» Sri Lanka central bank to develop a cost-based rate to price loans
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Jan 08, 2020 10:21 pm by The Invisible

» Dialog Finance
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Jan 08, 2020 10:19 pm by The Invisible

» LIOC.N0000 (Lanka IOC PLC)
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Jan 08, 2020 4:32 pm by LSE

» Tourism Sector
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyTue Jan 07, 2020 2:05 pm by nihal123

» Expolanka
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyTue Jan 07, 2020 1:18 am by Afourer

» Cartoon Today
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyMon Jan 06, 2020 2:41 pm by කිත්සිරි ද සිල්වා

» කොළඹ කොටස් හුවමාරුවෙහි නවතම ජංගම දුරකථන යෙදුම
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptySat Jan 04, 2020 7:36 pm by spw19721

» ඉරානයට කළ ප්‍රහාරයෙන් පසු යුරෝපයේ කොටස් වෙළඳපොළ රැසක් පහළ වැටෙයි
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptySat Jan 04, 2020 1:30 pm by nihal123

» VAT අදාළ නැති කට්ටිය මෙන්න. 50,000 ක ලැයිස්තුවක්
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyFri Jan 03, 2020 11:55 am by nihal123

» How to get Access to: 104 Technical trading experiments by HUNTER
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyThu Jan 02, 2020 9:20 am by Admin

» ලංකාවේ ලොකුම සමාගම මෙන්න. දුම්කොළ සමාගම අභිබවමින් ජෝන් කීල්ස් යළිත් පෙරමුණට
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Jan 01, 2020 7:48 pm by Rana

» Thread for News on CSE and SL Economy
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Jan 01, 2020 7:42 pm by nihal123

» Sri Lanka’s LOLC Prepares to Sell Its Biggest Overseas Unit
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Jan 01, 2020 4:43 pm by nuwanmja

» Sri Lanka’s Cargills, Sampath, DFCC Bank says met lending rate ceilings
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Jan 01, 2020 4:26 pm by NIRMALSG

» Dividend Announcement
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Jan 01, 2020 1:16 pm by smallville

» Sri Lanka bank bad loans spike to 4.9-pct, non-banks 9.7-pct in Sept
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Jan 01, 2020 9:29 am by The Invisible

» People’s Bank, Sampath, and DFCC face penalties
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyTue Dec 31, 2019 6:33 pm by nihal123

» NDB.N0000 (National Development Bank PLC)
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyTue Dec 31, 2019 1:55 am by Trend

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyThu Dec 26, 2019 9:23 pm by spw19721

» Thought for the day...
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyThu Dec 26, 2019 3:41 pm by Topcat

» ඩොක්ටර් ඒලියන්ත වයිට්
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyThu Dec 26, 2019 9:15 am by කිත්සිරි ද සිල්වා

» Why (Happy) People Cheat?
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Dec 25, 2019 8:34 pm by pjrngroup

» Who killed Cock Robin?
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Dec 25, 2019 8:33 pm by pjrngroup

» 65 Ways to Make Money Online
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyTue Dec 24, 2019 9:24 am by Topcat

» සුළු හා මධ්‍ය පරිමාණ ව්‍යාපාරිකයින් ලබාගත් ණය අයකර ගැනීම අත්හිටුවන්න
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyTue Dec 24, 2019 8:50 am by Topcat

» ACL Cables
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptySat Dec 21, 2019 5:34 am by NIRMALSG

» Sri Lanka to up employer EPF contribution to 15-pct, start social security fund
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Dec 18, 2019 2:46 pm by The Invisible

» රාජ්‍ය සමාගම් කොටස් වෙළෙඳපොළට ගෙන ආ යුතුයි
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyFri Dec 13, 2019 12:37 pm by serene

» Sri Lanka can resume high growth path, cut more taxes: Mark Mobius
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyThu Dec 12, 2019 9:29 am by The Alchemist

» රතු වැටෙනකොට
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Dec 11, 2019 2:59 pm by කිත්සිරි ද සිල්වා

» Sri Lanka interest rates should go down, currency will not fall: Mark Mobius
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyWed Dec 11, 2019 11:18 am by The Invisible

» Equation of Happiness Solved
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyTue Dec 10, 2019 5:23 pm by Backstage

» තැරැව්කාර සමාගමකට එරෙහිව කොටස් වෙළෙඳපොළ විනය ක්‍රියාමාර්ග ගනී
Sri Lanka's Softlogic Finance sells Rs 1.4 bn debentures EmptyTue Dec 10, 2019 12:31 pm by Rana

January 2020
SunMonTueWedThuFriSat
   1234
567891011
12131415161718
19202122232425
262728293031 

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