FINANCIAL CHRONICLE – Sampath Bank of Sri Lanka has announced its intention to list green bonds valued at 10 billion rupees, featuring interest rates of 13.00 percent and 13.25 percent, according to a disclosure made to the stock exchange.
The bank will issue a total of 100 million Basel III compliant, tier 2, listed, rated, unsecured, subordinated, redeemable green bonds, which will have maturities of five years (2026/2031) and seven years (2026/2033). Each bond will be priced at 100 rupees and will include a non-viability conversion option.
The proposal for listing has received in-principle approval from the Colombo Stock Exchange.
Submit Your Press Release
Get your company news, announcements, launches, appointments and events in front of a wider audience.
The initial offering will include 70 million debentures available at 100 rupees each, with an additional 30 million to be offered if the initial tranche is oversubscribed.
The subscription period is set to commence on July 17. (Colombo/Jul15/2026)
