Colombo, April 27, 2021 – Softlogic Finance PLC successfully raised Rs. 1 Billion through the issuance of a Lease Receivables Securitization, marking one of the major securitizations in the industry to date in Sri Lanka, the company announced recently. Priyantha Wijesekera, Chief Executive Officer of Softlogic Finance commented on the initiative, “The success achieved through the securitization reaffirms investors’ confidence towards the growth trajectory mapped out by the company last year, along with an extensive restructuring across the organization. Softlogic Finance is a registered finance company under the Finance Business Act No. 42 of 2011 as well as a Specialised Leasing Company licensed by the Central Bank of Sri Lanka under the Finance Leasing Act No.

Source: The Nation April 26, 2021 16:03 UTC