📈 DFCC Bank’s Rs. 12.5 Bn Debenture Issue Oversubscribed

DFCC Bank PLC has officially closed its Basel III-compliant Tier 2 debenture issue after receiving applications exceeding the maximum target limit. • Issue Overview: Floating of up to 125 million listed, rated, unsecured, subordinated, redeemable 5-year debentures (2026/2031) at a par value of Rs. 100 each. • Capital Raised: Maximum target of Rs. 12.5 Bn successfully met due to oversubscription. • Returns & Tenure: Fixed annual interest rate of 13%, payable annually, over a 5-year tenure (2026–2031). • Next Steps: All applications received prior to Friday's 4:30 p.m. closure were accepted. The basis of allotment will be communicated to the Colombo Stock Exchange (CSE) in due course.