Colombo, Sri Lanka – 10 September 2026 – Aitken Spence Hotel Holdings PLC (Company No: GL 12), a leading entity in Sri Lanka’s dynamic hospitality sector, has officially announced a significant fundraising initiative through the issuance of Listed, Rated, Unsecured, Senior, Redeemable Debentures. The Colombo Stock Exchange (CSE) has granted its in-principle approval for the listing of these debt securities, paving the way for investors to participate in this offering.
Key Details of the Debenture Issue
The offering aims to raise an initial sum of Sri Lankan Rupees Three Billion (LKR 3,000,000,000/-) through the issuance of up to Thirty Million (30,000,000) debentures. Each debenture carries a par value of Sri Lankan Rupees One Hundred (LKR 100/-). In the event of an oversubscription for the initial issue, Aitken Spence Hotel Holdings PLC retains the discretion to issue a further Twenty Million (20,000,000) debentures, potentially raising the total capital to a maximum of Sri Lankan Rupees Five Billion (LKR 5,000,000,000/-).
These debentures are structured with attractive tenors and interest payment options, catering to diverse investor preferences:
- Type A: 5-Year (2026/2031) Fixed Debenture with an annual interest rate of 13.00% (13.00% Annual Effective Rate – AER), payable Annually.
- Type B: 5-Year (2026/2031) Fixed Debenture with an annual interest rate of 12.60% (13.00% AER), payable Semi-Annually.
- Type C: 7-Year (2026/2033) Fixed Debenture with an annual interest rate of 13.15% (13.15% AER), payable Annually.
- Type D: 7-Year (2026/2033) Fixed Debenture with an annual interest rate of 12.74% (13.15% AER), payable Semi-Annually.
Subscription Opening and Prospectus Access
The subscription list for this debenture issue is scheduled to officially open on 15th September 2026. Trading Participants and prospective investors are advised that softcopies of the Prospectus, containing comprehensive details of the offering, have been made available today, 10th September 2026.
Managers and Registrars to the Issue
To facilitate a smooth and efficient issuance process, Aitken Spence Hotel Holdings PLC has appointed experienced financial entities:
- Managers to the Issue: Capital Alliance Partners Limited, located at 6th Floor, M2M Veranda Offices, No. 34, W. A. D. Ramanayake Mawatha, Colombo 02.
- Registrars to the Issue: Central Depository Systems (Private) Limited, situated at Ground Floor, M & M Center, No. 341/5, Kotte Road, Rajagiriya.
Investment Opportunity and Company Outlook
This debenture issue presents a compelling opportunity for investors looking for fixed-income instruments with competitive returns within the Sri Lankan market. The funds raised are anticipated to bolster Aitken Spence Hotel Holdings PLC’s financial capacity, supporting its strategic expansion and operational enhancements in the burgeoning tourism and leisure sectors. The unsecured and senior nature, coupled with the listed status on the CSE, offers transparency and liquidity for investors.
Aitken Spence Hotel Holdings PLC, with its registered office at 04-01, West Block, World Trade Center, Echelon Square, Colombo 00100, continues to be a pivotal player in the nation’s economic landscape, contributing significantly to the hospitality industry.
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