FINANCIAL CHRONICLE – The Sri Lankan conglomerate Hayleys Plc has announced its intention to issue up to 70 million debentures to raise a total of 7 billion rupees. Initially, the company will issue 50 million listed, rated, unsecured, senior, redeemable debentures, each priced at 100 rupees, according to a filing with the stock exchange. Additionally, there is an option to issue a further 20 million debentures at the company’s discretion.
“The details on the tenure, interest rates, and other characteristics of the issue will be notified in due course,” the company stated. The debentures are planned to be quoted on the Colombo Stock Exchange, pending necessary regulatory approvals.
Last month, Hayleys announced its plans to raise 9 billion rupees through a rights issue, offering 3 new ordinary voting shares for every 50 existing ordinary voting shares.
(Colombo/Feb26/2026)
