{
  "id": 11561845,
  "title": "Pan Asia Bank’s Rs. 5 b debenture issue oversubscribed",
  "url": "https://urgent.news/2026/10/02/pan-asia-banks-rs-5-b-debenture-issue-oversubscribed",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-02T23:55:06.000Z",
  "source": {
    "name": "The Island Sri Lanka",
    "slug": "the-island-sri-lanka",
    "url": "http://island.lk/pan-asia-banks-rs-5-b-debenture-issue-oversubscribed/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Pan Asia Banking Corporation PLC’s Senior Listed Rated Unsecured Redeemable Debenture issue of up to Rs. 5 billion was oversubscribed following its opening reflecting strong investor interest. The debentures, with a par value of Rs. 100 each, will be listed on the Colombo Stock Exchange (CSE). The three-year debentures offer an interest rate of 12.75% interest payable annually, while the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}