HNB's Sustainable Bond Issue Opens Soon š
⢠Hatton National Bank PLC (HNB) has received in-principle approval from the CSE to list a tranche of Listed, Rated, Unsecured, Redeemable Senior Sustainable Bonds, aiming to raise a maximum of Rs. 10 billion. ⢠The issue comprises an initial issuance of Rs. 5 billion, with an option to issue a further Rs. 5 billion in the event of oversubscription. ⢠Key Tenors & Rates (Fixed Annual Effective Rate): ⢠Type A (5-Year Bonds, 2025/2030): 10.25% ⢠Type B (7-Year Bonds, 2025/2032): 11.00% ⢠Interest will be paid annually. ⢠The subscription list is officially scheduled to open on 9 December 2025, allowing investors to subscribe from now on. ⢠HNB Investment Bank Ltd. is serving as the Manager to the Issue.
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