Colombo, Sri Lanka – 16 September 2026 – DFCC Bank PLC has announced the successful conclusion of its Debenture Issue 2026, significantly oversubscribing its initial target and demonstrating strong investor confidence in the institution and the broader Sri Lankan financial market. The final figures, released today, confirm the bank raised a substantial LKR 14.768 billion.
Oversubscription Highlights Market Strength
The Debenture Issue, which aimed to raise up to LKR 12.5 billion by offering up to 125,000,000 Basel III compliant, Tier 2, listed, rated, unsecured, subordinated, redeemable 5-year (2026/2031) debentures, each with a par value of LKR 100/-, saw an overwhelming response from investors. The final tally far exceeded the maximum amount sought.
According to the official announcement by S S P Corporate Services (Private) Limited, the Registrars to the Issue, the final figures are as follows:
- Total Number of Debentures Issued: 147,682,500
- Total Value Raised: LKR 14,768,250,000.00
- Total Number of Applications: 117
The significant demand indicates a healthy appetite among investors for stable, well-rated financial instruments, particularly those offered by established entities like DFCC Bank. The oversubscription underscores the bank’s strong market reputation and the trust placed in its long-term financial stability.
Breakdown of Applications
The applications processed were categorised by payment method, reflecting diverse investor participation:
- Payments via Cheques and RTGS: 108,682,500 debentures, amounting to LKR 10,868,250,000.00, received from 115 applications.
- Payments via Bank Guarantees: 39,000,000 debentures, amounting to LKR 3,900,000,000.00, received from 2 applications.
Strategic Importance of the Debenture Issue
The Debenture Issue 2026, featuring a non-viability conversion feature, plays a crucial role in strengthening DFCC Bank’s capital base, particularly in meeting its Basel III Tier 2 capital requirements. This successful capital infusion will support the bank’s strategic growth initiatives and enhance its capacity to contribute to Sri Lanka’s economic development through expanded lending and financial services.
The successful closure of this debenture issue serves as a positive indicator for the resilience and potential of the Sri Lankan capital markets, reassuring both local and international investors.
The official communication regarding the final figures was submitted to the Colombo Stock Exchange (CSE) by S S P Corporate Services (Private) Limited, acting on behalf of DFCC Bank PLC.
Source: Read original document
