SriLankan raises US$175mn; Asian investors take up 60-pct: report
Bloomberg Newswires said European investors took up 25 percent and Middle Eastern investors 15 percent.
About 85 percent were banks and funds and 15 percent were private banks. The securities are guaranteed by the Sri Lanka government. The money will be used to make pre-payments for new aircraft and also for working capital.
The sale was managed by Standard Chartered.
www.lbo.lk
- rainmaker
- Posts : 132
Join date : 2014-03-15