DFCC Lists Sri Lanka's 1st Blue Bond on CSE 🌊

• National Milestone: DFCC Bank officially listed Sri Lanka's first ever Listed Blue Bond on the Colombo Stock Exchange (CSE), marking a significant step for the country's capital markets and the transition towards ocean-focused sustainable finance. • Key Figures: The Blue Bond is a LKR 3 Billion, senior, rated, unsecured, and redeemable instrument. • Structure & Rating: Structured under DFCC's Sustainable Bond Framework, it carries a rating of A(lka) from Fitch Ratings Lanka Limited. The issue aligns with ICMA Green Bond Principles and IFC Blue Finance Guidelines. • Tenures: Offers 3-, 4-, and 5-year tenures with both annual-coupon and zero-coupon structures. • Purpose: The initiative aims to support coastal resilience, clean water, marine restoration, and other essential areas of national importance, ushering in a new focus for sustainable finance in Sri Lanka. • Market Impact: The CSE CEO noted that the bond places the market on a "global stage." NDB Investment Bank served as Joint Manager and Placement Agent for the issue.