📈 Sampath Bank Rs. 10 Bn Debenture Issue Oversubscribed

• Capital Raising: Sampath Bank PLC successfully closed its debenture issue after being oversubscribed on day one, receiving applications exceeding Rs. 10 Bn. • Issue Structure: The bank initially offered 70 Mn debentures at Rs. 100 each to raise Rs. 7 Bn, utilizing its option to issue a further 30 Mn debentures (Rs. 3 Bn) due to strong market demand. • Instrument Details: The listed, rated, unsecured, subordinated, redeemable debentures feature 5-year (2026/2031) and 7-year (2026/2033) tenors. • Banking Sector Regulatory Impact: The debentures are Basel III compliant Tier 2 instruments designed to boost the bank’s supplementary regulatory capital. They feature a non-viability conversion clause into ordinary voting shares if triggered by the regulator. • Next Steps: The basis of allotment will be communicated to the Colombo Stock Exchange (CSE) in due course.