FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by Wickyz Today at 10:15 pm

» Dipped Products, Haycarb well-positioned to benefit
by KingMaker2020 Today at 9:40 pm

» GLAS will be winner with Super Gain.
by vijay singh Today at 8:13 pm

» Daily Foreign Transactions
by Pradeep90 Today at 6:56 pm

» B P P L HOLDINGS PLC (BPPL.N0000)
by Beta1 Today at 4:22 pm

» DIPD/HAYC/HAYL
by Mr. X Today at 3:44 pm

» WIND FORCE WIND
by stockchaser Today at 11:17 am

» What will happen tomorrow?
by madukp Today at 10:53 am

» Growing Fear
by Wickyz Today at 9:31 am

» ALUMEX PLC (ALUM.N0000)
by Bakkabwoi Yesterday at 8:24 pm

» First capital holdings CFVF.N0000
by invest thinker Yesterday at 6:25 pm

» The market is not out to “get” you but is just flowing along, and your position just happens to be carried along with it.
by dayandacool Yesterday at 4:49 pm

» විජේදාසගේ... voice cut ප්‍රතිඵල
by reyaz Yesterday at 4:15 pm

» KGAL - THE SLEEPING GIANT
by THASSIM Yesterday at 2:21 pm

» ???? අප්‍රේල් 16 ???? මේ දින 3 කෙටි සතියත් කොළපාටින් අවසන් වුනා
by Wickyz Tue Apr 20, 2021 12:54 pm

» LDEV LDEV LDEV
by Eranga87 Tue Apr 20, 2021 10:27 am

» No trader can flee from making a mistake. It’s just that you need to be careful about not repeating your mistakes.
by Mithooshan Tue Apr 20, 2021 7:42 am

» SWISSTEK (CEYLON) PLC (PARQ.N0000)
by Chithi Mon Apr 19, 2021 7:45 pm

» ROYAL CERAMICS PLC (RCL.N0000)
by Jana Mon Apr 19, 2021 6:14 pm

» US dollar trading lower, euro near new high
by target1 Mon Apr 19, 2021 1:38 pm

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » NDB Debenture Issue

NDB Debenture Issue

Go down  Message [Page 1 of 1]

1NDB Debenture Issue Empty NDB Debenture Issue Wed Nov 13, 2013 8:53 am

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics
http://cse.lk/cmt/upload_cse_announcements/3631384308846_.pdf

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
NDB to raise up to Rs. 10 bn. via a debt issue

Sri Lanka’s National Development Bank is planning to raise up to Rs. 10 billion via a debt issue, the Bank announced in a market disclosure.

The Bank says, it will initially issue Rs. 5 billion of listed, rated, unsecured, subordinated, redeemable debentures while keeping an option to go up to Rs. 8 billion and a further option of going up to Rs. 10 billion.
www.news360.lk

3NDB Debenture Issue Empty Re: NDB Debenture Issue Wed Nov 13, 2013 1:45 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Debt-Equity ratio becomes higher. Some investors' point of view, high leverage with debt servicing cost on maturity of the instruments, tend to be a risky the nature of country's banking sector concerned. What would be the effect on the share price?

sriranga

sriranga
Co-Admin
NDB Debenture Issue Ndb10
http://www.cse.lk/cmt/upload_cse_announcements/511386043592_.pdf

http://sharemarket-srilanka.blogspot.co.uk/

sriranga

sriranga
Co-Admin
Fitch Ratings-Colombo/Hong Kong-27 November 2013: Fitch Ratings Lanka has assigned National Development Bank PLC's (NDB; AA-(lka)/Stable) proposed subordinated debentures of up to LKR10bn a final National Long-Term Rating of 'A+(lka)'. The debentures will be issued in three tranches with maturity of five, 10 and 12 years while coupon payments will be at fixed rates.

The assignment of the final rating follows the receipt of final documents, which conform to information previously received. The final rating is at the same as the expected rating assigned on 18 November 2013.

KEY RATING DRIVERS
The proposed debentures are rated one notch below NDB's National Long-Term Rating to reflect their below-average recovery prospect relative to senior unsecured debt in the event of liquidation, in line with Fitch's criteria for rating such securities.

RATING SENSITIVITIES
The subordinated debt rating will move in tandem with NDB's National Long-Term Rating.
A solid track record in developing and maintaining a commercial banking franchise with commensurate credit metrics could result in an upgrade of NDB's ratings while a sustained and substantial weakening in asset quality, in capitalisation and in provision coverage could result in a downgrade.
http://fitchratings.lk/

http://sharemarket-srilanka.blogspot.co.uk/

sriranga

sriranga
Co-Admin
NDB to issue LKR 10 Billion Debentures
National Development Bank PLC intends to issue upto 100 Million Rated Unsecured Subordinated Redeemable Debentures at a par value of LKR 100 each raising a total of upto LKR 10 Billion (with the initial issue being LKR 5 Billion and an option to issue further LKR 3 Billion and a further option to issue LKR 2 Billion). The debentures will carry tenors of 5 years, 10 years and 12 years.

The debenture issue which has been assigned with a rating of “A+ (lka)” by Fitch Ratings Lanka Limited will be listed on the main board of the Colombo Stock Exchange subsequent to obtaining its in-principle approval.

Mr. Rajendra Theagarajah, the Chief Executive Officer of NDB commenting on the debenture issue stated that “The proceeds of this debenture issue will enhance the Tier 2 capital requirements of the Bank and would enable us in turn to stimulate the envisaged growth of NDB during the next 3-5 years. Further, the medium-long term nature of the debentures will help us to meet any mismatches in our lending portfolio.”

According to the Financial Advisors and Managers to the Issue, NDB Investment Bank Limited (NDBIB), the proposed NDB debenture issue is expected to be opened during the second week of December and the prospectus and application forms would be available to the public, commencing this week.

NDB is one of the fastest growing banks in the country with NDB Group having regional operations in Maldives and Bangladesh. The Bank offers a wide range of commercial banking services through its growing island-wide branch network, catering to an increasing customer base from all walks of life. Through the combined synergies of the diverse constituents of the NDB Group, its customers have access to a full range of banking and financial services; including project finance, corporate banking, SME lending, retail banking, investment banking, stock brokering and wealth management solutions making NDB a truly Universal Bank.
http://www.ndbbank.com/pages/english/dwnlds/news/ndb_to_issue_debentures.pdf

http://sharemarket-srilanka.blogspot.co.uk/

7NDB Debenture Issue Empty Re: NDB Debenture Issue Tue Dec 03, 2013 5:17 pm

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
Debt-Equity ratio becomes higher? This ratio has no meaning for banks? biggest source of funds are deposits

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum