Commercial Credit opens 2013 with Rs. 500 m debenture issue

The Rs. 500 million listed debenture issue of Commercial Credit and Finance Plc will be up for subscription from 11 January, whilst its official opening is slated for 23 January.

The company is issuing 2.5 million unsecured redeemable debentures at Rs. 100 each with an option to issue a similar quantity if the first amount is oversubscribed.

Merchant Bank of Sri Lanka is the managers and registrars to the issue.