ENL issues Rs1.4billion of secured fixed and floating rate notes

ENL Limited has issued Rs1.41billion of secured fixed and floating rate notes by way of preferential offer to investors under its Rs6billion multi-currency note programme.

The programme dated December 20, 2018, was amended and restated on July 20, 2022.

The notes, which will not be listed and are reportedly rated CARE MAU A (stable), had a blended rate and tenor of 4.68% p.a. and 11.6 years respectively.