Assetline Finance Opens Landmark Rs. 5 Billion Debenture Issue 📈

Assetline Finance, part of the David Pieris Group, opens subscriptions today (Dec 9) for its inaugural listed debenture issue, aiming to raise up to Rs. 5 billion. • This marks their first entry into the listed debt capital market, seeking funding diversification, enhanced liquidity, and long-term financial resilience. • The issue involves 50 million debentures, each with a face value of Rs. 100 and a five-year tenor, approved for listing on the Colombo Stock Exchange. • Rated 'A' with a Positive Outlook by Lanka Rating Agency, reflecting strong creditworthiness and robust capital. • Proceeds will expand the company's lending portfolio, support product innovation, and strengthen its funding base, contributing to national economic activity by increasing credit access. Strong H1 FY25/26 Financial Performance: • Total assets surged to Rs. 72,712 million (nearly 40% growth). • Lending portfolio grew by 42% to Rs. 60,651 million, driven by strong demand in SME, micro-enterprise, and mobility-based segments. • Profit Before Tax reached Rs. 2,940 million; Profit After Tax Rs. 1,416 million. • Asset quality improved: Gross Stage 3 Loan Ratio reduced to 4% (from 9.7% YoY). • Capital Adequacy Ratio at a strong 18.45% (as of Sep 2025). • Operational efficiency maintained with a Cost-to-Income Ratio of 39.8%. Manager to the issue: Capital Alliance Partners Ltd. (CAL). Investors are encouraged to review the prospectus.