Sri Lanka, Sept. 12 -- Alliance Finance Company PLC (AFC), Sri Lanka's oldest operating non-banking financial institution, celebrated a landmark moment with the issuance of its Social Bond on the Colombo Stock Exchange (CSE).

The market opening ceremony, held on September 8, at the CSE Trading Floor, highlighted AFC's continued commitment to sustainable and socially impactful finance.

The listed, rated, unsecured, senior, redeemable Social Bond, issued under the CSE's GSS+ framework, offer up to 20 million bonds at a par value of Rs. 100 each, aiming to raise a total of Rs. 2 billion. Rated BBB by Lanka Rating Agency Limited, the bonds feature two tenure options: Type A: 4 years at a fixed rate of 11.15% p.a., and Type B: 5 years at a f...