Senkadagala Finance PLC announces that they source Rs. 3 Billion from public by issuing Senior, Unsecured, listed, redeemable, rate debenture for Rs. 2 Billion and if it over subscribed will extended to Rs. 3 Billion.
Issue opening on 4th November 2016 with below 5 optional debentures with BBB+ Fitch rating Lanka ltd.
|A||2 years||Semi-Annual||12.50% p.a. (AER-12.89%)|
|B||3 Years||Semi-Annual||Floating rate of 06 months Treasury Bill rate (gross) +150bps|
|C||3 years||Semi-Annual||13.25% p.a. (AER-13.69%)|
|D||4 Years||Semi Annual||floating rate of 06 months Treasury Bill rate (gross) +175bps|
|E||4 years||Semi-Annual||13.75% p.a. (AER-14.22%)|
Basic information about the Senkadagala Debenture
- Listed in the Colombo Stock Exchange
- Minimum investment of LKR 10,000/- per application
- Investment returns will be exempt from Withholding Tax (WHT) and Corporate Income Tax
See below image for more details