COLOMBO, Sept 12, 2025 (ePRESS) – Alliance Finance Company PLC (AFC), Sri Lanka’s oldest operating non-banking financial institution, marked a historic milestone with the issuance of its Social Bond on the Colombo Stock Exchange (CSE).
The market opening ceremony at the CSE Trading Floor on Monday celebrated AFC’s latest step in promoting sustainable and socially impactful finance.
The listed, rated, unsecured, senior, redeemable Social Bond was issued under the CSE’s GSS+ framework. The issue offers up to 20 million bonds at Rs. 100 each, targeting to raise Rs. 2 billion. Rated BBB by Lanka Rating Agency Limited, the bonds carry two tenure options:
Type A: 4 years at a fixed rate of 11.15% per annum
Type B: 5 years at a fixed rate of 11.40% per annum
Both options include annual interest payments.
The bond drew strong investor demand, showing rising confidence in instruments that deliver both financial returns and social impact.
Welcoming the listing, Rajeeva Bandaranaike, Chief Executive Officer of the CSE, said: “This represents a major step in the evolution of Sri Lanka’s sustainable finance ecosystem. By issuing Social Bonds under the GSS+ framework, AFC is showing leadership in financing projects that generate measurable social outcomes. AFC’s leadership in this space is commendable and inspirational.”
Romani De Silva, Deputy Chairman and Managing Director of AFC, said: “The issuance of these Social Bonds reflects our enduring commitment to making a meaningful difference in the communities we serve. From our people-centric beginnings to today’s focus on impactful financing, we remain committed to using capital for positive transformation.”
Founded in 1956, Alliance Finance has long been a pioneer in sustainable finance, promoting financial inclusion and responsible lending. Earlier this year, in February 2025, AFC made history by launching Sri Lanka’s first-ever NBFI Green Bond.
With its Social Bond now aligned with the ICMA Social Bond Principles, AFC has further strengthened its reputation as a leader in responsible and impact-driven finance, advancing Sri Lanka’s sustainable growth.
