We provide our clients with an array of attractive superior financial alternatives, derived not only from our own extensive knowledge and experience but also the substantial synergies derived from exercising the core competencies of the entire NDB group.
LTL Holdings (Pvt) Limited: NDBIB formulated and advised on the restructuring of LTL Holdings. This entailed the creation of a holding company for the former LTL Group and the subsequent transferring of different business interests to subsidiaries within the Group.
Overseas Realty (Ceylon) PLC: NDBIB acted as financial advisors to a comprehensive two pronged financial restructuring plan. The preliminary phase of the restructuring plan entailed a debt restructuring aimed at eliminating the Company's existing US Dollar denominated borrowings amounting to USD 36.9 Million through an issuance of Rupee denominated Preference Shares of equivalent value. The Company's capital structure was further rationalised through the writing-off of SLR 3.6 Billion in Accumulated Losses against SLR 2.7 Billion in revaluation reserves and SLR 90 Million as Capital Reduction under NDBIB's counsel.
Ceylon Oxygen Limited : Following a decision by the major shareholder, Specialist Glass Private Limited, a sub subsidiary of Actis Asia Fund 2LP to delist Ceylon Oxygen Limited (COL) from the official list of the Colombo Stock Exchange, NDBIB advised COL in the delisting process acting as the Manager to the Exit Offer made to the shareholders of the company. COL was delisted from the official list of the CSE subsequently to the relevant approvals from the CSE and SEC.
Achievements : Largest Equity offering on the CSE - Rs. 8.6 Billion Dialog Axiata PLC.
Achievements : Largest Rights Issue - Rs. 15.55 Billion Dialog Axiata PLC.
Achievements : Largest Preference Share Issue - Rs. 5.0 Billion Rated, Cumulative, Redeemable for Dialog Axiata PLC.
Achievements : Largest Lease securitization in a single tranche - Rs. 1.06 Billion for People's Leasing
Achievements : Largest Utility based securitization - Rs. 1.43 Billion for Ceylon Electricity Board
Achievements : Largest IPO Oversubscription - 344.98 times for Union Bank
Achievements : Largest Funds Subscribed - Rs. 129.37 Billion Union Bank
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