Commercial Bank of Ceylon PLC announces opening of its BASEL III Compliant Debenture issues to raise upto LKR. 5 billion with an option to raise upto further LKR. 5 Billion in the event of an oversubscription.
Issue opening date: 1st December 2022
| Type | Tenure | Fiexed Interest rate per Annume | Annual Effectie rate per Annum | Interest Payment frequency |
| A | 5 Year | 28.00% | 29.96% | Semi- Annual |
| B | 7 Year | 27.00% | 28.82% | Semi- Annual |
| C | 10 Year | 22.00% | 23.21% | Semi- Annual |
50 Million Basel III compliant tier 2 listed rate unsecured subordinated redeemable debentures with a non-viability conversion feature at the par value of Rs. 100 each. Are offered through this debenture issue with an option to issue upto a further 50 Million debentures in the event of over subscription.
With a minimum subscription of Rs.5 Million for an individual qualified investor. The minimum subscription for other qalified investors is Rs.10,000/-
For more details see below image or contact to Commercial bank treasury on 0112 486 347 or Investment Bankng 0112 486 492
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