Alliance Finance lists Rs. 2 Bn Social Bonds on India’s NSE IX 📈
• Overall Figures: Alliance Finance Company PLC has obtained a secondary listing for its Rs. 2 Billion Social Bond issue on the National Stock Exchange International Exchange (NSE IX) at GIFT City, India, effective 12 March 2026. • Bond Structure: The issue consists of two tranches: Tranche 1: Rs. 1,273.49 Mn (11.15% interest, maturing Aug 2029) Tranche 2: Rs. 726.51 Mn (11.40% interest, maturing Aug 2030) • Listing Details: The bonds remain denominated in Sri Lankan Rupees. While listed on the NSE IX, they are admitted "without admission to trading," meaning all trading and settlement will continue via the Colombo Stock Exchange (CSE). • Strategic Context: This move marks a significant cross-border listing for a Sri Lankan non-bank financial institution (NBFI), utilizing India's international finance hub to profile its social-impact-focused debt. The bonds are unsecured, senior, and redeemable. • Sector Impact: Strengthens the visibility of Sri Lanka's sustainable finance and capital markets on an international stage, specifically within the banking and finance sector.