Serendib Frontier Capital Raises Rs. 475 Million in Tier II Subordinated Debt for Merchant Bank of Sri Lanka & Finance PLC
Summary
MBSLs latest capital-raising initiative enhances its Tier II capital position, allowing the bank to expand its lending capacity and strengthen its financial base.Serendib Frontier Capital managed the structuring and placement of the debt instrument, leveraging its expertise in structuring, capacity to innovate solutions to best suit clients requirements, and access to investors. The structured Tier II subordinated debt placement provides us with the necessary capital cushion to meet regulatory requirements while also supporting our long-term growth strategy. We appreciate the expertise and professionalism demonstrated by Serendib Frontier Capital in structuring and executing this transaction seamlessly, ensuring an optimal outcome for all stakeholders. "Serendib Frontier Capital is a boutique corporate finance advisory firm specialising in private market transactions and structured financial solutions. Backed by a team of experienced industry professionals, Serendib provides financial structuring, placement, and advisory services with access to both local and global investors.