AFC announces allotment for Rs. 2 b Social Bonds, proposes fresh Rs. 1 b High-Yield Bonds

Announces allotment basis for 64 applications received for Social Bond issue Total applications received worth nearly Rs. 2.5 b Four-year Bonds get applications worth Rs. 1.7 b; five-year Bonds Rs. 797 m 15 m Bonds slotted for preferential investors 100% allotment to investors who applied for 200,000 Bonds or less Announces separate proposal for Rs. 1 b High-Yield Bond issue

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ALLIANCE Finance Company PLC (AFC) recently announced the allotment basis for its successful Social Bond issue, which drew applications worth nearly Rs. 2.5 billion.

AFC successfully issued 20 million listed, rated, unsecured, senior, redeemable Social Bonds at a par value of Rs. 100 each. The company said it received applications for more than 24.7 million Social Bonds. Accordingly, the full issue of 20 million Bonds will be allotted as follows; a preferential allotment of 15 million Bonds to identified investors, in line with Section 6.7 of the Prospectus dated 7 August 2025, and a 100% allotment to investors who applied for 200,000 Bonds or less.

Applicants for more than 200,000 Bonds will receive 200,000 Bonds in full, plus 44.04% of the balance amount applied for, rounded to the nearest 100 Bonds, AFC said in a stock exchange filing yesterday.