LOLC Finance Gets CSE Nod for Rs. 15 Bn Debenture Issue š
⢠The Colombo Stock Exchange (CSE) has approved the listing of LOLC Finance's planned debenture issue, with the subscription list opening on 2 December 2025. ⢠The company plans to raise up to a maximum of Rs. 15 Billion through the issuance of up to 150 million listed, rated, senior, unsecured, redeemable five-year debentures (Rs. 100 each). ⢠Key Instruments: The issue comprises three five-year options: ⢠Fixed-rate (Annual Payment): 11.25% (AER 11.25%) ⢠Fixed-rate (Semi-Annual Payment): 10.95% (AER 11.25%) ⢠Floating-rate: 364-day Treasury Bill rate plus 2.50% ⢠Financial Context: The issue comes amid strong earnings growth: ⢠September 2025 Quarter After-Tax Profit: Rs. 8.8 Bn (a significant 106% YoY increase). ⢠Nine-month Profit: Rose 72% to Rs. 14 Bn. ⢠Total Assets: Reached Rs. 466 Bn.