NDB PLC Announce to Colombo Stock Exchange, which the NDB Board of Directors has resolved to proceed with a Private Placement of Rated Subordinated Unlisted Unsecured Redeemable Debentures of the Value of RS.1, 000.00 each aggregating Rs. 1 Billion (1,000,000,000)

An Applications seeking approval for the placement from SEC. And the NDB Investment bank will be function as the structuring and placement agent to the issue.

Source: http://www.cse.lk/cmt/upload_cse_announcements/5621300968642_.pdf

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