The Listed Debenture Issue of National Development Bank PLC was oversubscribed during the early hours of the opening day as per the disclosures made to the CSE by the Registrars to the Debenture Issue.

NDB Investment Bank acted as the Financial Advisors and Managers to the Debenture Issue.

The debenture issue of National Development Bank PLC was for Rs. 7.5 billion with a green-shoe option to go up to Rs. 10.0 billion and was rated A+ (lka) by Fitch Ratings Lanka Limited.