Hayleys debentures snapped up on opening day

Hayleys PLC  issued a Rs.3 billion debenture, with  an option to raise a further Rs.1 billion. The debenture was oversubscribed on the opening day, assuring investors’ confidence on the investment opportunity in Sri Lanka. The Sri Lankan diversified conglomerate offered 30 million listed, rated, unsecured, senior, redeemable five-year debentures of Rs. 100 each with an…