Aitken Spence Hotel Holdings Rs. 5 b debenture issue oversubscribed on opening day

Wednesday, 16 September 2026 00:28 - - {{hitsCtrl.values.hits}}

Aitken Spence Hotel Holdings PLC said that its maiden listed, rated, unsecured, senior redeemable debenture issue was oversubscribed on its opening day, yesterday.

The company initially sought to raise Rs. 3 billion through the initial issuance of 30 million debentures at Rs. 100 each, with an option to issue a further 20 million debentures in the event of oversubscription of the initial issue, increasing the total issue size to

Rs. 5 billion.

The company said it had received applications for more than 50 million debentures, the full amount on offer, prompting the issue to close at 4:30 p.m. on the opening day and the basis of allotment will be announced in due course.