📈 Pan Asia Bank Debenture Issue Oversubscribed at Rs. 5.17 Bn

• Overall Demand: Pan Asia Banking Corporation PLC’s debenture issue was oversubscribed, receiving 57 applications worth Rs. 5.17 Bn and surpassing the maximum cap of Rs. 5 Bn (initial Rs. 2 Bn offer plus Rs. 3 Bn in green-shoe options). • Debenture Types: • Type B: Strongest demand with Rs. 3.25 Bn raised across 45 applications. • Type A: Attracted Rs. 1.93 Bn across 12 applications. • Investor Participation: Heavy📈 Pan Asia Bank Debenture Issue Oversubscribed at Rs. 5.2 Bn Pan Asia Banking Corporation PLC has successfully oversubscribed its debenture issue, raising Rs. 5.17 billion against an initial target of Rs. 2 billion, following strong market demand. • Overall Figures & Issue Structure: - Total Raised: Rs. 5.17 Bn across 57 applications (51.7 million debentures at Rs. 100 each). - Initial Offer: Rs. 2 Bn (20 million debentures). - Oversubscription Options: Fully exercised option to expand by Rs. 2 Bn, followed by a second option for an additional Rs. 1 Bn. • Debenture Type Breakdown: - Type B: High demand with Rs. 3.25 Bn from 45 applications. - Type A: Attracted Rs. 1.93 Bn from 12 applications. • Investor & Payment Insights: - Institutional Demand: Strong institutional support shown with Rs. 2.5 Bn (48% of total demand) secured via bank guarantees across 2 applications (Rs. 1.5 Bn for Type B, Rs. 1 Bn for Type A). - Cheque & RTGS: Remaining Rs. 2.67 Bn came from 55 applications. • Instruments Profile: - Banking Sector capital raise via listed, rated, senior unsecured, and redeemable debentures, ranking ahead of subordinated debt.