Abans Finance Debenture Issue Closes Today After Over-subscription 📈

Abans Finance PLC has announced a strong investor response to its latest debt offering, with the initial tranche of Rs. 1 billion fully oversubscribed within the first day. • Overall Figures: The initial offer of 10 million debentures (Rs. 100 par value) surpassed the Rs. 1 billion mark, leading the company to exercise its option for an additional Rs. 500 million. • Fundraising Target: Total capital raising is capped at Rs. 1.5 billion. The issue officially closes at 4:30 p.m. today, 27 April 2026. • Sector Impact: This successful capital raise strengthens the Non-Banking Financial Institutions (NBFI) sector’s liquidity, providing vital funding for the company’s lending operations and debt restructuring. • Allotment: The final basis of allotment for the senior, unsecured, redeemable debentures will be notified to the Colombo Stock Exchange (CSE) shortly.