Saturday Aug 30, 2025
Saturday Aug 30, 2025
Friday, 29 August 2025 03:32 - - {{hitsCtrl.values.hits}}
Hatton National Bank PLC (HNB) yesterday announced plans to raise a maximum of Rs. 10 billion via the issuance of Sustainability Bonds.
It said that the Board of Directors decided to issue 50 million listed, rated, unsecured, redeemable, senior Sustainability Bonds of Rs. 100 each for 5-year and 7-year tenors amounting to Rs. 5 billion, with the option to issue a further 50 million Bonds amounting to Rs. 5 billion in the event of an oversubscription, totalling Rs. 10 billion.
The move is subject to market conditions and obtaining all necessary approvals.
