Size of the issue : 1 Billion USD
Pricing : 5.875 %
Ratings :
Fitch = BB- with stable outlook
Moodys = B1 with positive outlook
S & P = B+ with stable outlook
Total Subscription : 10.5 Billion USD
Over Subscription : 10.5 Times
No of Investors : 425
Distribution : Asia 27%, Europe 29%, USA 44%
Contribution : Global Fund Managers 90%, Banks 6%, Others 4%
Improvement of pricing from 2007 :
(Cost of Funding)
2007 - 8.25 %
2009 - 7.4 %
2010 – 6.25 %
2011 – 6.25 %
2012 – 5.875 %
http://www.cbsl.gov.lk/pics_n_docs/latest_news/press_20120718e.pdf