Siyapatha revises proposed debenture issue to Rs. 3.75 b

Friday, 31 October 2025 00:04 - - {{hitsCtrl.values.hits}}

Siyapatha Finance PLC has revised the terms of its proposed listed, rated, subordinated, unsecured, redeemable debenture issue, initially announced on 28 August 2025, to raise up to Rs. 4 billion. Now, the total issue will comprise up to 37.5 million debentures, raising a maximum of

Rs. 3.75 billion.

The company said its Board of Directors approved a revised structure to issue 20 million debentures with a face value of Rs. 100 each, carrying a five-year maturity period.

The issue will include an option to issue a further 10 million debentures in the event of an oversubscription of the initial tranche, and an additional 7.5 million debentures if both tranches are oversubscribed.

The proposed issue remains subject to obtaining necessary regulatory approvals.