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Sunday May 11, 2025
Monday, 24 December 2018 01:18 - - {{hitsCtrl.values.hits}}
NDB plans to raise Rs. 6.5 billion via BASEL III compliant debentures.
It will issue 50 million five-year BASEL III compliant Tier 2, listed, rated, unsecured, subordinated, redeemable debentures (with a non-viability conversion) at Rs. 100 each with an option to offer a further 15 million of said debentures in the event of an oversubscription of the original amount.
The issue is subject to regulatory and other approvals.
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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.
