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17 June 2015
NDB Debenture Issue oversubscribed
The Listed Debenture Issue of
National Development Bank PLC was oversubscribed during the early hours
of the opening day as per the disclosures made to the CSE by the
Registrars to the Debenture Issue.
NDB Investment Bank acted as the Financial Advisors and Managers to the Debenture Issue.
The debenture issue of National Development Bank PLC was for Rs. 7.5
billion with a green-shoe option to go up to Rs. 10.0 billion and was
rated A+ (lka) by Fitch Ratings Lanka Limited.