People’s Leasing Scales Down Proposed Debenture Issue to Rs. 10 Bn 📉

People’s Leasing & Finance PLC has announced a strategic revision to its planned debt capital raising, reducing the total issue size following an internal assessment. • Overall Figures: The maximum value of the proposed listed debenture issue has been scaled down from Rs. 15 Billion to Rs. 10 Billion. • Instrument Details: The company will issue up to 100 million listed, rated, unsecured, subordinated, and redeemable debentures at a par value of Rs. 100 each. • Tenure & Compliance: The debentures carry a five-year tenure. The issue was initially approved by the Central Bank of Sri Lanka (CBSL) in November 2025 under the Finance Companies (Debt Instrument) Direction. • Market Impact: The finance & leasing sector remains a critical component of the national economy for credit accessibility; this revised issuance will be listed on the Colombo Stock Exchange (CSE) pending final regulatory clearances.