Sampath Bank to raise up to Rs. 10 bn via Green Bond issue

Thursday, 16 July 2026 - 17:31

Sampath+Bank+to+raise+up+to+Rs.+10+bn+via+Green+Bond+issue

Sampath Bank PLC has received approval in principle from the Colombo Stock Exchange (CSE) to list its Basel III Compliant Tier 2 Listed Rated Unsecured Subordinated Redeemable Green Bonds with a Non-Viability Conversion feature.


The Bank will initially issue up to 70 million Green Bonds with a face value of Rs. 100 each, comprising 5-year (2026–2031) and 7-year (2026–2033) maturities.


The Bank also has the option to issue a further 30 million Green Bonds in the event of an oversubscription of the initial issue.


Through the offering, Sampath Bank aims to raise up to a maximum of Rs. 10 billion. The funds raised will strengthen the Bank's Tier 2 capital base while supporting eligible green financing initiatives in line with its sustainable finance strategy.


 



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