📉 LB Finance Withdraws Proposed Rs. 10 Bn Debenture Issue

• LB Finance PLC has officially decided not to proceed with its previously announced listed debenture issue, which aimed to raise up to Rs. 10 billion. • The decision follows an internal assessment by the Board of Directors, effectively cancelling the plans communicated in October and December 2025. • The proposed issuance consisted of listed, rated, unsecured, senior, redeemable debentures, a move typically intended to strengthen capital bases or fund lending growth in the non-banking financial institution (NBFI) sector. • This withdrawal reflects a shift in the company's capital mobilization strategy, though specific reasons for the board's decision were not disclosed in the statement.