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Assetline Finance announces first-ever Rs. 5 b 'A' rated, listed, senior debenture issue

Daily FT

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September 29, 2025

ASSETLINE Finance Ltd., (AFL), the flagship company under the financial services pillar of David Pieris Holdings, has announced the intention to raise up to Rs. 5 billion through an inaugural issuance of listed, rated, unsecured, senior, redeemable debentures in 2025.

The landmark initiative marks the company's firstever entry into the listed debt capital market, reflecting AFL's commitment to diversifying funding sources and strengthening long-term growth.

The proposed issue will comprise up to 50 million debentures at a face value of Rs. 100 each, with a tenor of five years. The issuance is subject to obtaining all necessary regulatory approvals, and upon approval, the debentures are expected to be listed on the Colombo Stock Exchange.

MEER VERHALEN VAN Daily FT

Daily FT

Daily FT

George Keyt Foundation contributes to national disaster relief efforts

THE George Keyt Foundation has extended meaningful support to the Government of Sri Lanka’s disaster relief efforts following the severe devastation caused by Cyclone Ditwah.

time to read

1 min

December 16, 2025

Daily FT

Daily FT

Countdown to FACETS 2026 begins

A bold new chapter begins at Cinnamon Life on 3-5 Jan. 2026

time to read

2 mins

December 16, 2025

Daily FT

Prime builds nation's most connected property experience with first-of-its-kind technology ecosystem

PIONEERING digital solutions to transform the property ownership experience, Prime Group, Sri Lanka's leading real estate developer, has unveiled a revolutionary suite of digital tools following a comprehensive five-year digitalisation journey in procurement, construction, project management, and customer workflows to transforms how Sri Lankans embrace their property dreams.

time to read

2 mins

December 16, 2025

Daily FT

Economy picks up pace in 3Q

SRI Lanka's economy in the third quarter of 2025 has picked up the pace and maintained the upward trajectory for a second consecutive quarter, after losing momentum since 3Q 2024.

time to read

3 mins

December 16, 2025

Daily FT

Daily FT

Viet Nam and Sri Lanka deepen economic ties

THE Third Meeting of the Viet Nam-Sri Lanka Joint Subcommittee on Trade was recently convened under the Co-Chairmanship of Viet Nam Industry and Trade Deputy Minister Phan Thi Thang and Sri Lanka Trade Secretary K.A. Vimalenthirarajah.

time to read

4 mins

December 16, 2025

Daily FT

SDF lists high-yield sustainable Bonds on Luxembourg bourse

Company expects overseas listing to support future funding requirements To position SDF among international sustainable finance investors

time to read

1 mins

December 16, 2025

Daily FT

ComBank leads SME lending for fifth consecutive year

Finance Ministry data shows bank accounted for more than 30% of total banking sector loans disbursed to SMEs

time to read

2 mins

December 16, 2025

Daily FT

Economic activity expands in November, PMI points to moderation

THE country's manufacturing and services sectors in November have expanded, though at a slower rate compared to the previous month, as per the Purchasing Managers' Index (PMI), its compiler the Central Bank of Sri Lanka (CBSL) said.

time to read

1 mins

December 16, 2025

Daily FT

Daily FT

Japanese business delegation visits National Chamber of Commerce of Sri Lanka

THE National Chamber of Commerce of Sri Lanka (NCCSL) has hosted a Japanese business delegation, headed by Leader of the Delegation Akashi Yasuo, on 12 December 2025, for a focused discussion aimed at strengthening bilateral economic cooperation, particularly in key development sectors.

time to read

1 min

December 16, 2025

Daily FT

Daily FT

Omega Line crowned overall Best Exporter of the Year at Presidential Export Awards 2024/25

Sri Lanka's largest apparel exporter to Europe also clinches three other national titles

time to read

1 mins

December 16, 2025

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