Tuesday Mar 03, 2026
Tuesday, 3 March 2026 05:56 - - {{hitsCtrl.values.hits}}
LB Finance PLC has decided not to proceed with its previously proposed listed debenture issue of up to Rs. 10 billion.
Referring to announcements made on 3 October 2025 and 12 December 2025, the company said in a statement that subsequent to an internal assessment, its Board of Directors had resolved not to proceed with the issuance.
The proposed instrument comprised listed, rated, unsecured, senior, redeemable debentures intended to raise up to a maximum of Rs. 10 billion.