Tuesday Mar 17, 2026
Tuesday Mar 17, 2026
Monday, 16 March 2026 04:39 - - {{hitsCtrl.values.hits}}
Alliance Finance Company PLC has obtained a secondary listing for its Rs. 2 billion Social Bond issue on the National Stock Exchange International Exchange (NSE IX) at Gujarat International Finance Tec-City (GIFT City) in India.
The company on Friday said the Bonds, which are already listed on the Colombo Stock Exchange (CSE), were admitted to listing on NSE IX with effect from 12 March 2026.
The listing has been granted without admission to trading, meaning trading and settlement of the Bonds will continue to take place through the CSE. The Bonds will also remain denominated in Sri Lankan rupees. The social bond issue comprises two tranches: AFC 11.15% 2029 Bonds amounting to Rs. 1,273.49 million and AFC 11.40% 2030 Bonds amounting to Rs. 726.51 million, together representing a total issue size of Rs. 2 billion.
The bonds carry interest rates of 11.15% and 11.40% respectively and mature on 27 August 2029 and 27 August 2030.
The NSE IX confirmed that the securities have been admitted to listing following an application by the company for the secondary listing of the unsecured, senior and redeemable social Bonds.
