Tuesday Apr 28, 2026
Tuesday Apr 28, 2026
Tuesday, 28 April 2026 01:00 - - {{hitsCtrl.values.hits}}
Abans Finance PLC’s initial Rs. 1 billion debenture issue was oversubscribed attracting subscriptions worth Rs. 1.31 billion.
The company offered an initial tranche of 10 million rated senior unsecured redeemable debentures with a par value of Rs. 100 each, with an option to issue a further 5 million in the event of oversubscription, allowing it to raise up to a maximum of Rs. 1.5 billion.
According to details of applications received up to 4:30 p.m. on 24 April, the issue drew 34 applications, with total subscriptions amounting to 13.14 million debentures.
