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Assetline Finance to raise Rs. 5bn through inaugural debenture issue

Daily Mirror - Sri Lanka

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September 29, 2025

Assetline Finance Limited (AFL), the financial services arm of the David Pieris Group, has announced its first-ever foray into the listed debt capital market with a planned Rs. 5 billion debenture issue.

The move is aimed at diversifying the company’s funding sources and fuelling its long-term growth strategies.

The inaugural issuance will consist of up to 50 million listed, rated, unsecured, senior, redeemable debentures, each with a face value of Rs.100 and a five-year tenor. The debentures are slated to be listed on the Colombo Stock Exchange, pending regulatory approvals.

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