Abans Finance to raise Rs. 1.5 b via debentures

Monday, 8 December 2025 03:13 - - {{hitsCtrl.values.hits}}

Abans Finance PLC has announced that its Board of Directors has approved a proposal to issue up to 15 million listed, rated, senior, unsecured, redeemable debentures with a maximum value of Rs. 1.5 billion, subject to regulatory clearance.

The company said the issuance will proceed upon receiving all required approvals from regulators and other relevant authorities. The debentures will be listed on the Colombo Stock Exchange and classified as senior unsecured instruments.

The move is expected to strengthen the company’s funding base and diversify its borrowing structure ahead of anticipated credit demand in the coming year.

Details on tenure, coupon structure and the opening date of the issue will be announced following regulatory approval.