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ComBank's Rs. 15 b Green Bond issue opens 4 August
July 29, 2025
|Daily FT
THE Commercial Bank of Ceylon has announced plans to raise up to Rs. 15 billion for lending to sustainability-linked projects via a Green Bond approved in principle by the Colombo Stock Exchange (CSE) for public listing.
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The Green Bond issue opening on 4 August will comprise 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 Rs. 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.
The bank said the issue will further strengthen its Tier II capital base and raise funds for the expansion of its green lending portfolio.
هذه القصة من طبعة July 29, 2025 من Daily FT.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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