SL to raise $2 bln in bonds in 2018; seeks lead managers/book runners

Business

Sri Lanka is seeking to raise US$2 billion in sovereign bonds in the international capital markets this year to settle debt and has called for applications lead managers/book runners to manage these issues. The closing date of applications for this purpose closes tomorrow (Tuesday January 23), according to the Central Bank (CB).
The issuances in single or multiple tranches would be in USD with a fixed coupon and medium to long term maturities where non-resident investors will be eligible to invest at the primary issuances.
The CB said banks and investment houses that have acted as lead managers/book runners for emerging market sovereign bond issuances with a minimum of 10 issuances in 2017 are eligible to submit proposals. - ENDS -

Comments

Still No Comments Posted.

Leave Comments

Most Reviews

May 31, 2025

- 506 - 0

Flt Lt Kasun Cumaratunga , more than a pilot, a guardian remembered on his 37th death anniversary

Kasun, was born in 28th Sept 1964, the grandson of the legendary author and linguist Munidasa Cumaratunga and son of SSP Bindu Kumaratunga and Winifred

June 2, 2025

- 473 - 0

National Tax week launched

The Inland Revenue Department (IRD) backed by the Excise and Customs Department today launched a fresh drive to collect taxes including some Rs.780 billion listed as ‘collectable defaults’.

June 2, 2025

- 373 - 0

SriLankan Airlines’ new A330 Fleet to perform low fly past over Colombo on Wed.

June 3, 2025

- 218 - 0

Krishanthi Kumaraswami convicts FR dismissed by SC

The Supreme Court today unanimously dismissed a Fundamental Rights petition filed by five convicts in the 1996 Krishanthi Kumaraswamy abduction, rape, and murder case.

June 6, 2025

- 216 - 0

SriLankan flight grounded in Indonesia

A SriLankan airlines flight has been grounded in an airport in Indonesia due to a technical defect leaving 93 passengers stranded, an official said.

June 5, 2025

- 176 - 0

Alert Moratuwa resident averts railway derailment

The actions of a resident in Egoda Uyana, Moratuwa helped to avoid a possible railway accident involving an office train on the southern coastal line today, the Railway Department said.