Thursday, July 21, 2011

Bartleet Finance lists in main board

Bartleet Finance (BFN) revalidated the confidence placed by its stakeholders over the years as a secure, experienced and trusted company in the financial services industry by listing in the main board of the Colombo Stock Exchange (CSE).

The CSE on June 30 approved the introduction of 2,040,000 Rated Unsecured Redeemable Debentures (2011/2016) of Rs 100 each at 13 percent interest per annum payable monthly.

Their listing on the Colombo Stock Exchange depicts its true credentials as a trusted business source and a pioneering top-tier finance company that continues to earn and enjoy the confidence of the people of Sri Lanka.

Bartleet Finance Chairman Eraj Wijesinghe said theirs is a simple strategy where integrity and excellence is maintained at all times while reaching out to different parts of the country and always upholding the client as being the most valuable asset.

"Bartleet Finance has always been recognized for its integrity, strength and stability while providing various financial solutions to a diversified clientele making it a front runner in Sri Lanka's financial sector," he said.

BFN debentures are trading at a premium and the managers to the issue, Bartleet TransCapital are quite confident of a market for corporate debt as it mutually benefits both investor and institution.
source - www.dailynews.lk

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