Aitken Spence Hotel Holdings PLC has reported that its first-ever publicly listed, rated, unsecured, senior redeemable debenture issue experienced a strong demand, being oversubscribed on its launch day, September 15, 2026.
The company aimed to raise Rs. 3 billion by issuing 30 million debentures priced at Rs. 100 each. Additionally, it had the option to offer another 20 million debentures should the initial offering be oversubscribed, potentially raising the total amount to Rs. 5 billion.
On the opening day, the company indicated that it had received requests exceeding 50 million debentures, which accounted for the entire amount available, leading to the early closure of the issue at 4:30 p.m. on September 15.
Submit Your Press Release
Get your company news, announcements, launches, appointments and events in front of a wider audience.
The allotment details will be disclosed to the Colombo Stock Exchange in accordance with regulatory protocols at a later date.
