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.
Fitch Rates Singer Finance’s Sub-Debt Final ‘A-(lka)’
Fitch Ratings has assigned Singer Finance (Lanka) PLC’s (SFL, A+(lka)/Stable) Sri Lanka rupee-denominated subordinated unsecured debentures a final national long-term rating of ‘A-(lka)’.
Somerset Estate Betters Its Own All-time Record
Somerset Estate, Talawakelle previously achieved an all-time record price of Rs. 890 on a BOPSp grade in the Western High Grown category at the auction concluded on 24 February. Exactly a month after and almost at the end of the Dimbulla Quality Season, the Estate has bettered its own record at Sale No. 12 held on 24 March by obtaining a premium price of Rs. 980 for the BOPSp grade.
Fitch Rates Singer Finance’s Sub-Debt ‘A-(lka)(EXP)’
Fitch Ratings has assigned Singer Finance (Lanka) PLC’s (SFL, A+(lka)/Stable) proposed Sri Lanka rupee-denominated subordinated unsecured debentures an expected national long-term rating of ‘A-(lka)(EXP)’.
Singer Finance Goes for Rs. 2 b Debenture Issue
Singer Finance (Lanka) PLC has announced plans to raise Rs. 2 billion via listed debenture issue.
De Silva joins Singer Finance Board
Top professional Ranil De Silva has been appointed to the Singer Finance PLC Board as an Independent Non-Executive Director with effect from 9 March.
Singer Finance Rs. 1 b Debenture Issue Oversubscribed
Singer Finance (Lanka) PLC received a strong vote of confidence from investors with its recent Listed Rated Unsecured Senior Redeemable three year and five year, Rs. 1 billion debenture issue being oversubscribed.
