BOC makes history by raising US $ 1 bn within 12 months
Bank of Ceylon (BOC) has launched their second
five year US$ Bond (senior notes due 2018) within a space of 12
months. The notes were priced at a yield of 5.325%. BOC had
originally planned US$ 300 million size issuance but with offers for
over US$ 2,000 million (effectively oversubscribing by 6.8 times)
BOC decided to up-size the issue to US$ 500 million.
Ceylinco Life to home deliver Rs 31.7 mn
Cash bonanza between April 6-10:
Nearly 10,000 policyholders will shortly receive
extra cash with which to celebrate the national New Year, courtesy
of Ceylinco Life. Continuing a unique tradition that dates back to
2004, the life insurance leader has announced that it will home
deliver Rs 31.7 million in cash bonuses to these policyholders
between April 6 and 10.
Northern enterprises to benefit from FCCISL project
The Federation of Chambers of Commerce and
Industry of Sri Lanka (FCCISL), will implement “Financial Assistance
for Repairs of Damaged Business in Kilinochchi and Mullaithivu”
which is being fully grant-funded by the Government of India through
High Commission of India (HCI).