The HNB debenture issue is set to raise Rs10 billion as Hatton National Bank prepares a new sustainable bond offering. With approvals secured and investor interest expected to remain strong, the bank aims to strengthen its funding base through this strategic issuance. The move reflects HNB’s broader plans to support long-term growth and sustainable financing initiatives.
HNB debenture issue seeks Rs10bn through listed sustainable bonds
Hatton National Bank has announced that the HNB debenture issue will raise Rs10 billion through a listed and rated bond offering. The bank intends to issue [Insert Number] debentures on [Insert Date], initially offering 50 million unsecured, redeemable, senior sustainable bonds priced at Rs100 each. These bonds will be available in tenors of five years and seven years, providing investors with medium-term investment opportunities aligned with sustainable financing goals.
HNB noted that an additional 50 million debentures will be issued if the initial tranche is fully subscribed. This structure enables the bank to meet excess investor demand while maintaining transparent and regulated financial practices. The HNB debenture issue further enhances HNB’s ability to access long-term capital to support lending, sustainability initiatives, and corporate expansion.
According to the bank, the Colombo Stock Exchange has granted in-principle approval for the listing of these debt securities, ensuring the debentures will be tradable on the CSE once the issuance process is complete. The regulatory green light underscores the confidence placed in the HNB debenture issue and its alignment with the market’s expectations for structured and compliant debt offerings.
HNB’s decision to proceed with this fundraising initiative comes at a time when Sri Lanka’s capital market activity is gradually strengthening. With interest rates trending around [Insert Current Rate]%, sustainable bonds continue to attract institutional and retail investors seeking stable returns and exposure to environmentally and socially responsible financial instruments. The bank’s latest issuance is expected to support its long-term growth trajectory while offering investors a reliable addition to their fixed-income portfolios.