Singer Finance to Raise Rs. 2Bn via Listed Debenture
Singer Finance PLC plans to raise Rs. 2 billion via the issuance of Listed, Rated, Unsecured, Subordinated Redeemable Five Year debentures of Rs. 100 each. It will issue 10 million debentures initially and in the event of an oversubscription a further 10 million will be offered. Type A debentures would be at a fixed coupon…