Fintrex completes Rs. 500 m Tier II capital raise

Monday, 8 December 2025 03:17 - - {{hitsCtrl.values.hits}}

Fintrex Finance PLC has completed a Rs. 500 million capital raise via an unlisted, unsecured subordinated loan structured as Trust Certificates, following approval from the Central Bank.

The instrument, which carries a fixed annual interest rate of 12.50% and a five-year tenure with bullet repayment, was recognised as Tier II capital by the Central Bank on 30 November 2025. The approval was granted by the Central Bank’s Governing Board.

Fintrex said the capital infusion strengthens its regulatory capital position and supports ongoing expansion plans in line with capital-adequacy requirements.

First Capital Advisory Services Ltd managed the transaction, Hatton National Bank PLC served as Trustee and Nithya Partners acted as legal counsel.