Category: Markets
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Tess Agro Secures Up to Rs470 Million in Funding Through Debt and Warrants
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Sri Lanka’s Tess Agro, a food processing company, is set to issue 2.5 million unsecured debentures to generate 250 million rupees. These debentures will come with a fixed annual interest rate of 6 percent and a tenure of 5 years. Additionally, the company plans to issue 100 million warrants at an exercise price of 2.20
