DFCC Bank announces Rs. 12.5 b debenture issue allotment

Tuesday, 22 September 2026 05:57 - - {{hitsCtrl.values.hits}}

DFCC Bank PLC has finalised the allotment of its Rs. 12.5 billion debenture issue which will be exercised today.

A total of 125 million Basel III-compliant, Tier 2, Listed, Rated, Unsecured, Subordinated, Redeemable five-year (2026/2031) debentures with a non-viability conversion feature, each with a par value of Rs. 100, have been allotted to subscribers.

Of these, 95 million debentures have been allotted to identified Qualified Investors on a preferential basis, as set out in Section 6.7 of the Prospectus dated 3 September.

Other Qualified Investors were allotted debentures as follows: those who applied for up to 100,000 debentures received 100% of the amount applied for, while those who applied for more than 100,000 debentures received 100,000 debentures plus 50.4979% of the remaining un-allotted balance, rounded to the nearest 100 debentures.

Any differences arising from the realisation of cheques, verification of information from the Central Depository Systems, or rounding adjustments will be adjusted from the largest debenture holders whose applications have not been fully met.