Accordingly, the company which opened the subscription list on Tuesday has closed it on the same day at 4.30 pm.
The finance firm initially only planned to raise Rs. 500 million via this offer, but kept the option open to raise Rs. 1 billion in case of an over-subscription of the initial tranche of Rs. 500 million.
Senkadagala Finance has issued 10,000,000 million senior, listed, rated, unsecured, redeemable debentures.
Fitch has assigned a ‘BBB+ (lka)’ National Long-term rating for the debt issue.
Taprobane Wealth Plus (Pvt) Ltd, a subsidiary of Taprobane Holdings PLC was the managers of this issue.