HNB raises Rs.10bn with Sri Lanka’s first-ever sustainable bond issuance

Monday, 22 December 2025 - 18:15

HNB+raises+Rs.10bn+with+Sri+Lanka%E2%80%99s+first-ever+sustainable+bond+issuance

Hatton National Bank PLC (HNB PLC) commemorated the successful raising of LKR 10 Bn through its first-ever issuance of sustainable bonds with a market opening ceremony on the trading floor of the Colombo Stock Exchange (CSE) last week.


On 9 December 2025, HNB issued 100 million listed, rated, unsecured senior sustainable bonds in five- and seven-year tenors, with a par value of LKR 100/- and rated AA-(lka) by Fitch Ratings Lanka Limited. The issuance was oversubscribed on the same day, raising the full LKR 10 billion.


Sustainable bonds, introduced in Sri Lanka for the first time this year, are part of the GSS+ (Green, Social, Sustainable & Sustainability Linked) debt instruments series.


The proceeds of HNB’s sustainable bond issuance will be used to fund projects including solar, wind, biomass and hydropower, energy efficiency retrofits, construction of recognized ‘green’ buildings, water treatment and conservation infrastructure, efficient agricultural water technologies, housing, healthcare and education for low- and middle-income families, and initiatives promoting women entrepreneurship, among others.


Damith Pallewatte, Managing Director and CEO of HNB PLC, said: "HNB’s LKR 10 Bn sustainable bond issuance is a landmark step in advancing Sri Lanka’s sustainability agenda. By channeling capital into projects that deliver measurable environmental and social benefits, we are creating long-term value for our stakeholders while contributing to a greener, more inclusive future."


Rajeeva Bandaranaike, CEO of CSE, added: "HNB’s Sustainable Bond represents a welcome addition to Sri Lanka’s leading financial instruments, exemplifying the success of CSE’s GSS+ Bond framework, which allows the capital market to finance sustainable and socially equitable projects."



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