Senkadagala Finance Debenture Issue 2016

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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.

Type Tenor Coupon Payment Interest
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

For more details contact to Melaka -011 2510191 -4 or Amaranthi-011 2317 742 or download Application/ Prospectus visit www.senfin.com or www.cse.lk

See below image for more details

Senkadagala Finance Debenture Issue 2016
Senkadagala Finance Debenture Issue 2016

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