{"id":10772,"date":"2021-01-26T11:53:21","date_gmt":"2021-01-26T04:53:21","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=10772"},"modified":"2021-06-04T15:57:48","modified_gmt":"2021-06-04T08:57:48","slug":"fully-subscribed-rights-issue-of-prime-finance-bolsters-its-core-capital","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/fully-subscribed-rights-issue-of-prime-finance-bolsters-its-core-capital\/","title":{"rendered":"Fully subscribed Rights Issue of Prime Finance bolsters its core capital"},"content":{"rendered":"<p><img decoding=\"async\" class=\"alignnone size-full wp-image-10773\" src=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/01\/28614681767_f3cf55e0c4_b.jpg\" alt=\"\" width=\"1024\" height=\"683\" srcset=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/01\/28614681767_f3cf55e0c4_b.jpg 400w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/01\/28614681767_f3cf55e0c4_b.jpg 600w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/01\/28614681767_f3cf55e0c4_b.jpg 620w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/01\/28614681767_f3cf55e0c4_b.jpg 190w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/01\/28614681767_f3cf55e0c4_b.jpg 1024w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>Prime Finance PLC, a member of the Prime Group, announced that it raised capital of Rs. 526.68 million following the successful conclusion of its fully subscribed Rights Issue in December 2020.<\/p>\n<p>The Company is assigned with an issuer rating of [SL] BBB- (Pronounced SL triple B minus) with a stable outlook by ICRA Lanka Limited, subsidiary of ICRA Limited, a group Company of Moody\u2019s Investors Service.<\/p>\n<p>Prime Finance PLC is a member of Prime Group, the market leader in Real Estate Business in Sri Lanka who was awarded the \u2018Best Developer\u2019 award at the Property Guru Asia Property Awards (Sri Lanka) in 2018.<\/p>\n<p><strong>Continue reading at: <a href=\"http:\/\/bizenglish.adaderana.lk\/fully-subscribed-rights-issue-of-prime-finance-bolsters-its-core-capital\/\" target=\"_blank\" rel=\"noopener noreferrer\">bizenglish.adaderana.lk\/fully-subscribed-rights-issue-of-prime-finance-bolsters-its-core-capital\/<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prime Finance PLC is a member of Prime Group, which was awarded the \u2018Best Developer\u2019 award at the Property Guru Asia Property Awards (Sri Lanka) in 2018<\/p>\n","protected":false},"author":12,"featured_media":20966,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[6,92],"tags":[587,120],"class_list":["post-10772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-external-links","category-news","tag-asia-property-awards-sri-lanka","tag-sri-lanka","news_country-sri-lanka","news_author-asia-property-awards"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fully subscribed Rights Issue of Prime Finance bolsters its core capital | Asia Property Awards<\/title>\n<meta name=\"description\" content=\"Prime Finance PLC, a member of Prime Group, who was awarded the \u2018Best Developer\u2019 award at the Property Guru Asia Property Awards (Sri Lanka) in 2018\" 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