NTB to Raise Up to Rs. 15 Bn via Basel III Debenture Issue Opening Friday 📈

• Overall Issue details: Nations Trust Bank PLC (NTB) has received in-principle approval from the Colombo Stock Exchange (CSE) for a Basel III-compliant, Tier 2 listed debenture issue opening on 19 June 2026. The initial offering aims to raise Rs. 10 Bn (100 million debentures at Rs. 100 par value), with an option to issue an additional 50 million debentures to raise up to Rs. 15 Bn in total. • Structure & Tenors: The funds raised will strengthen NTB's banking system resilience and capital base. Investors can subscribe to three fixed-rate options with annual interest payouts: • Type A (5-Year): 13.75% annual interest rate / AER. • Type B (7-Year): 13.85% annual interest rate / AER. • Type C (10-Year): 13.95% annual interest rate / AER. • Regulatory & Management: The Basel III-compliant Tier 2 subordinated instruments include a non-viability conversion feature to absorb losses during financial stress. Capital Alliance Partners Ltd. is the manager to the issue, and SSP Corporate Services Ltd. will act as the registrar.