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  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success

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2018/12/07

Sri Lanka’s Bogawantalawa to replant tea, upgrade factories with debt issue

Sri Lankan regional plantations company Bogawantalawa Tea Estates has told shareholders it would use funds raised from a debt issue to replant tea fields, upgrade factory machinery, settle loans and set up solar power plants. A stock exchange filing said Bogawantalawa Tea Estates plans to raise 850 million rupees by issuing bonds of up to seven years with the option to convert to ordinary shares on maturity


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