Sri Lanka, March 19 -- Diversified conglomerate Hayleys PLC announced this week that it will issue 50 million listed, rated, unsecured, senior, redeemable debentures, with an option to issue up to a further 20 million of said debentures at the discretion of the company.
With the debenture issue it aims to raise Rs. 7 billion with each amounting to Rs. 100, Hayleys said in a disclosure to the Colombo Stock Exchange (CSE).
The issue will be subject to necessary regulatory approvals and that the company proposes to have these debentures quoted on the CSE. Hayleys PLC reported some robust performance for its third fiscal quarter ended in December 2024, propelled by most of its key business lines such as plantations, leisure and construction m...