Sri Lanka, Aug. 5 -- Investors demonstrated overwhelming support for the green lending aspirations of the Commercial Bank of Ceylon, leading to the oversubscription of the Bank's Rs. 15 billion Green Bond on its opening day, Monday August 4 2025.
The Green Bond Issue comprised of an initial issue of 100 million Basel III Compliant - Tier 2 Listed Rated Unsecured Subordinated Redeemable Green Bonds with a Non-Viability Conversion feature, at the par value of Rs. 100 each, to raise a sum of Rupees 10 billion; and an option to issue up to a further 50 million Green Bonds at the discretion of the Bank, in the event of an oversubscription of the initial issue.
Commenting on the oversubscription of the Green Bond, Commercial Bank Managing Dir...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.