HNB’s Rs. 10 b Sustainable Bond issue up for grabs

Wednesday, 3 December 2025 05:13 - - {{hitsCtrl.values.hits}}

The Colombo Stock Exchange yesterday granted in-principle approval for Hatton National Bank PLC to list a tranche of Listed, Rated, Unsecured, Redeemable Senior Sustainable Bonds, allowing the bank to raise up to Rs. 10 billion.

The issue comprises an initial 50 million bonds of Rs. 100 each, with the option to issue a further 50 million in the event of oversubscription. The tenors offered are five and seven years, carrying fixed annual interest rates of 10.25% and 11.00%, respectively. Interest will be paid annually.

The subscription list is scheduled to open on 9 December whilst the issue can be subscribed from now on.

The five-year bonds (2025/2030) will be issued as Type A, offering a fixed annual effective rate of 10.25%. The seven-year tranche (2025/2032), designated Type B, will carry a fixed AER of 11.00%.

HNB Investment Bank Ltd., serves as the Manager to the Issue.