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
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