Friday Sep 04, 2026
Friday, 4 September 2026 06:24 - - {{hitsCtrl.values.hits}}
DFCC Bank has announced that the Colombo Stock Exchange (CSE) has approved in principle the listing of up to 125 million Basel III compliant, listed, rated, unsecured, subordinated, redeemable debentures with a non-viability conversion feature, aimed at raising up to Rs. 12.5 billion.
The five-year debentures, with a tenure running from 2026 to 2031, carry a par value of Rs.100 each and will pay a fixed annual interest rate of 13%, payable annually. The subscription list is set to open on 11 September 2026.