At the Market Opening Ceremony held this morning, DFCC Bank’s Chairman, Mr. J. Durairatnam was invited to ring the bell to commence trading, marking the Blue Bond’s entry into the market.
Members of DFCC Bank’s leadership were present to commemorate the occasion.
The Blue Bond is a LKR 3 billion, senior, rated, unsecured, redeemable instrument structured under DFCC Bank’s Sustainable Bond Framework.
It aligns with the ICMA Green Bond Principles and the IFC Blue Finance Guidelines, and carries a rating of A(lka) from Fitch Ratings Lanka Limited.
The issue offers 3-, 4- and 5-year tenures with both annual-coupon and zero-coupon structures.
Speaking at the ceremony, Thimal Perera, Chief Executive Officer of DFCC Bank, said,
“DFCC Bank’s listing of Sri Lanka’s first Blue Bond is a significant milestone for the Bank and for the country.
It brings much-needed focus to the development of sustainable finance and the role it can play in shaping Sri Lanka’s future.
We are honoured to have initiated this effort and have every confidence that it will mark the beginning of a long and meaningful journey in supporting coastal resilience, clean water, marine restoration, and other essential areas of national importance.
I would like to thank the Colombo Stock Exchange and all our partners whose commitment and expertise helped make this possible.”
Mr. Rajeeva Bandaranaike, Chief Executive Officer of the CSE said,
“We are extremely pleased and happy to welcome DFCC Bank at this market opening ceremony in celebration of this milestone event, not just for DFCC Bank, but also for the capital market and for creating the country’s first Blue Bond.
I believe this bond places us on a global stage.”
The success of the listing reflects strong collaboration across multiple institutions.
NDB Investment Bank (NDBIB) served as Joint Manager and Placement Agent; KPMG Sri Lanka acted as Independent External Reviewer; Nithya Partners provided legal advisory support; S S P Corporate Services (Private) Limited functioned as Registrar; People’s Bank served as Trustee to the Issue and Fitch Ratings Lanka acted as the rating agency.
DFCC Bank is grateful to all partners who extended their support and expertise in bringing this national first from concept to market.
The Blue Bond signifies DFCC Bank’s ongoing commitment to shaping responsible prosperity and supporting Sri Lanka’s transition toward a more resilient and sustainable economic pathway.
More information on DFCC Bank’s Blue Bond is available at www.dfcc.lk.