(REUTERS) Sri Lanka has appointed seven lead managers including for the upcoming up to $1.5 billion sovereign bond with the country expected to tap the capital market "possibly later in May", a source close to the deal told Reuters on Thursday.
The banks are Citigroup, Deutsche Bank, HSBC, Standard Chartered Bank, Morgan Stanley and two Chinese institutions, the source, who has direct knowledge of the deal, told Reuters.
A government source who also has knowledge of the deal confirmed the seven banks.
A Sri Lanka Air Force Bell 212 helicopter belonging to the No. 72 squadron has crashed into the Madhuru Oya reservoir this morning, Air FOrce Media Spokesman Eranda Geeganage said.
Read this week’s Sunday Times for your interesting articles including the ’’5th Column’’.
In its first electoral test since taking power, the ruling National People’s Power (NPP) fell short of expectations, winning only around 40 % of the national vote in Tuesday’s local government election and falling short of enough seats to gain control of the majority of councils.
Leave Comments