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

Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» Expolanka Holding
by hanuma Today at 1:12 pm

» Talks to get FedEx, Expo Freight hubs at BIA
by samaritan Today at 1:05 pm

» Fertilizer ban relaxed: Stock-watch CIC
by ADVENTUS Today at 1:00 pm

» L B Finance PLC (LFIN.N0000) - (1st Interim dividend for 1Q 2022)
by Venu123 Today at 11:28 am

» PIRAMAL GLASS CEYLON PLC (GLAS.N0000)
by sandamal Today at 11:07 am

» ROYAL CERAMICS PLC (RCL.N0000)
by KILLER99 Today at 10:17 am

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by ONTHEMONEY Yesterday at 11:49 pm

» SEMB the ASPH
by soileconomy Yesterday at 9:31 pm

» Browns bullish on investments in local, international hotels
by SAGA Yesterday at 8:23 pm

» Top Foreign Trading today
by SAGA Yesterday at 8:20 pm

» Sell EXPO Buy EDEN sentiment changed to Exit EXPO Enter EDEN
by ADVENTUS Yesterday at 4:45 pm

» Top crossings today
by SAGA Yesterday at 2:53 pm

» LAUGFS GAS PLC (LGL.N0000)
by Wickyz Yesterday at 2:06 pm

» Sri Lanka’s 213 billion rupee money printing to repay foreign debt: Treasury Secretary explains
by CITIZEN Yesterday at 11:25 am

» Oman shows interest in SLAF HQ land and Chalmer’s Granary
by dayandacool Yesterday at 11:03 am

» HVA FOODS PLC (HVA.N0000)
by prabath Yesterday at 10:05 am

» EXPOLANKA HOLDINGS PLC Interim Financial Statements quarter ended 30th June 2021
by mah2903 Yesterday at 2:59 am

» ලාභ ගන්න කොටස් වලින් මේක සම්පූර්ණයෙන්ම කියවන්න
by ColomboCSE Yesterday at 12:37 am

» Shares to Buy
by Cma Yesterday at 12:02 am

» Successful investment strategies require an understanding of the forces of stock market nature, and disciplined rules of portfolio management.
by Asoka Samarakone Sat Jul 31, 2021 9:12 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™ » CITI proud to partner Govt. in HBI

CITI proud to partner Govt. in HBI

Go down  Message [Page 1 of 1]

1CITI proud to partner Govt. in HBI Empty CITI proud to partner Govt. in HBI Tue Nov 03, 2015 11:04 am

peacockman


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Citi achieved yet another milestone on 27 October by partnering with the Central Bank of Sri Lanka on behalf of the Sri Lankan Government to complete a $ 1.5 billion, 10-year international sovereign bond issuance.   
The transaction, which was priced at a yield of 6.85% per annum, marks the second 10-year sovereign bond issue in the international capital markets in 2015. The final order books stood at $ 3.3 billion, an oversubscription of 2.2 times across 290 accounts, about 117 more investors than the previous 10-year US dollar offering in April this year. Distribution was very well diversified, with the US taking 55%, Europe 29% and Asia at 16%. By investor type, fund managers were the largest investors in the transaction, representing 88%, banks 5%, private banks 4%, and pension/insurance agencies 3%.Untitled-2
 The bonds have been rated ‘BB-’, ‘B1’ and ‘B+’ by Fitch Ratings, Moody’s Investors Service and Standard and Poor’s respectively. This marks the republic’s ninth US dollar benchmark offering in the international bond markets since 2007.  
Citi Country Officer for Sri Lanka Ravin Basnayake said: “Citi is honoured to have once again partnered with the Government of Sri Lanka in this successful transaction. The overwhelming investor interest shown during the issue process despite global capital market volatility reflected strong and continued investor confidence in Sri Lanka.  Citi is extremely pleased that we could utilise Citi’s global capabilities, dominant market position and the global network to make this transaction a success.”  
This landmark transaction represents the country’s largest bond offering and is Citi’s fifth issuance for the Sri Lankan Government since 2012. Citi advised on the sovereign ratings, and acted as Joint Lead Manager and Joint Bookrunner on this landmark issuance.  
Citi’s Fixed Income and Commodities Head, Saneth Gamage, commenting on the deal, said: “Citi is one of the most active participants in the Global Debt Capital Market and is extremely proud and honoured to be associated with the Government of Sri Lanka’s significant achievement. This is a testament to the continued interest we have received from global investors for high-quality bond issuances out of Sri Lanka.”
- See more at: http://www.ft.lk/article/490913/Citi-proud-to-partner-Govt--in-historic-bond-issuance#sthash.nhGRse76.dpuf

Back to top  Message [Page 1 of 1]

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