Category: Markets
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Sri Lanka’s Commercial Bank Announces Rs. 20 Billion Debenture Initiative
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FINANCIAL CHRONICLE – Sri Lanka’s leading private lender, Commercial Bank of Ceylon, has announced plans to raise up to 20 billion rupees through the issuance of debentures, according to a disclosure made to the Colombo Stock Exchange. Initially, the bank aims to raise 10 billion rupees by issuing 100,000 listed, rated, unsecured subordinated redeemable debentures,
