š DFCC Bank's Historic Rs. 3 Bn Blue Bonds Open for Subscription!
⢠DFCC Bank's landmark first-ever Blue Bonds issue in Sri Lanka, valued at Rs. 3 Billion, is now up for subscription, with the official opening on 13 November. ⢠The issue, approved in principle by the CSE, consists of 30 million listed, rated, senior, unsecured, redeemable bonds at Rs. 100 each. ⢠Structure & Tenor: The offering includes six types (A-F) with tenors ranging from 3 to 5 years. ⢠Fixed Annual Coupon Rates: ⢠3-Year Tenor: 9.75% p.a. ⢠4-Year Tenor: 10.25% p.a. ⢠5-Year Tenor: 10.50% p.a. ⢠The structure includes options for annual coupon payments (Types A, C, E) and discounted/zero-coupon options (Types B, D, F) where interest is compounded annually and paid at redemption. ⢠NDB Investment Bank Ltd. is the Manager and Placement Agent for the issue.