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.
FINANCIAL CHRONICLE™

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

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

Govt. to borrow $ 1 b via 5-year syndicated loan: Ravi K  Vote_lcap11%Govt. to borrow $ 1 b via 5-year syndicated loan: Ravi K  Vote_rcap 11% [ 21 ]
Govt. to borrow $ 1 b via 5-year syndicated loan: Ravi K  Vote_lcap20%Govt. to borrow $ 1 b via 5-year syndicated loan: Ravi K  Vote_rcap 20% [ 37 ]
Govt. to borrow $ 1 b via 5-year syndicated loan: Ravi K  Vote_lcap29%Govt. to borrow $ 1 b via 5-year syndicated loan: Ravi K  Vote_rcap 29% [ 54 ]
Govt. to borrow $ 1 b via 5-year syndicated loan: Ravi K  Vote_lcap40%Govt. to borrow $ 1 b via 5-year syndicated loan: Ravi K  Vote_rcap 40% [ 75 ]

Total Votes : 187

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» HAYLEYS PLC (HAYL.N0000)
by EPS Today at 8:34 am

» Technical update 12.08.2022 Maharaja
by Maharaja Yesterday at 10:38 pm

» Exterminators Plc (EXT.N)
by ErangaDS Yesterday at 9:44 pm

» CW Makie Highest Dividend Payer- EPS of Rs.10 for Quarter
by Ros123 Yesterday at 5:57 pm

» AAIC 100 = SCAP 16
by SamJay1974 Yesterday at 2:46 pm

» LOLC to enter the giant Indian Market
by samaritan Yesterday at 11:27 am

» Buy lofc tomorrow - Maharaja
by ashan silva Yesterday at 11:12 am

» HORANA PLANTATIONS PLC (HOPL)
by cheetah Yesterday at 11:05 am

» LOFC Future
by samansilva Yesterday at 11:05 am

» LIOC ....Get in soon
by samaritan Yesterday at 9:41 am

» SGH buys EXPO from retailers
by samaritan Yesterday at 9:34 am

» PIRAMAL GLASS CEYLON PLC (GLAS.N0000)
by stocknoob Yesterday at 7:59 am

» RENUKA AGRI FOODS PLC (RAL.N0000) TP. 7
by cheetah Thu Aug 11, 2022 9:45 pm

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by ErangaDS Thu Aug 11, 2022 5:07 pm

» WATAWALA PLANTATION PLC (WATA.N0000)
by ErangaDS Thu Aug 11, 2022 5:05 pm

» US inflation eased slightly in July
by ADVENTUS Thu Aug 11, 2022 11:25 am

» ACL; MELS; HHL; BIL; LWL- STOCKS TO WATCH
by ADVENTUS Thu Aug 11, 2022 11:19 am

» Pakistan stocks surge on IMF Staff level agreement - CSE is warming up for the big run
by samaritan Thu Aug 11, 2022 11:16 am

» LOLC FINANCE PLC (LOFC.N0000)
by Anushka Perz Thu Aug 11, 2022 10:24 am

» L G I L - Maharaja special
by Chula Wed Aug 10, 2022 8:13 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Govt. to borrow $ 1 b via 5-year syndicated loan: Ravi K

Govt. to borrow $ 1 b via 5-year syndicated loan: Ravi K

Go down  Message [Page 1 of 1]

Melissa Pereira


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Colombo (Reuters) - Sri Lanka is planning to borrow $ 1 billion via five-year syndicated loans as early as this week from international banks and it could borrow up to $ 2 billion, Finance Minister Ravi Karunanayake said yesterday.

“We feel, before the LIBOR goes up, we can do certain things and get the benefits,” Karunanayake told a Foreign Correspondents Association (FCA) forum in Colombo.

“We find unsolicited proposals coming in from banks like BNP, Credit Suisse, and Barclays roughly at 325–375 (basis points) and we believe that we could collect about $1 billion in the next couple of days .... It would even go up to $ 2 billion.”

Sri Lanka borrowed $ 988 million on 28 May via a 10-year sovereign bond and development bonds. The new Government has to pay off heavy debts built up by the previous administration, mainly for infrastructure projects
Courtesy: Daily financial times 12 June 2015

Back to top  Message [Page 1 of 1]

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