Corporate Finance

The Corporate Finance division of HNB Investment Bank delivers a comprehensive range of investment banking services designed to support strategic growth and long-term value creation. Our expertise spans Initial Public Offerings (IPOs), Private Placements, Mergers & Acquisitions (M&A), Capital Raising, Structuring and Placement of Equity and Fixed Income Securities, Loan Syndications and Advisory Services.

With over a decade of proven results and over LKR 200 billion raised across equity, debt, and M&A transactions, we remain committed to empowering our clients’ progress through insight-driven strategies, client and investor centric solutions, and trusted financial partnerships.

Empowering Your Progress Through

Corporate Finance Solutions

IPOs | Private Placements | Rights Issues | Introductory Listings | Mergers and Acquisitions

We provide comprehensive structuring and execution services for equity offerings, including IPOs, Rights Issues, and Private Placements. Our team also supports M&A’s, and strategic restructurings, delivering holistic solutions that align with our clients’ growth ambitions.

We deliver integrated advisory solutions across the full range of fixed income securities. Our expertise spans structured debt and yield optimization strategies tailored to dynamic market needs.

We arrange and structure financing for large-scale and strategic transactions. Working closely with clients, we design tailored solutions for Project Finance, Syndicated Loans and complex capital structures.

With over LKR 200 billion raised to date, we are a market leader in both Debt and Equity capital advisory. Our services cover valuations, feasibility studies, due diligence, and strategic financial advice designed to support well-informed decision-making.

Why Choose Us?

Proven Track Record

Over LKR 200 billion in Debt, Equity, and Strategic Transactions.

Local Expertise, Global Standards

Deep-rooted understanding of the Sri Lankan market with international best practices.

Client-Centric Approach

Tailored, insight-driven strategies for long-term success.

End-to-End Execution

From ideation to post-deal support.

Regulatory Knowledge

In-depth understanding of local listing, legal, and compliance requirements.
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Collaborative Teamwork

A multidisciplinary team with cross-functional and cross border expertise.

Pioneering Transactions and Landmark Partnerships

Brokered the strategic sale by NTT, valued at LKR 32 billion—the single largest transaction ever carried out through the Colombo Stock Exchange.

Transaction: Strategic Sale

Value : LKR 0 million

Led the first international equity offering and listing by a Sri Lankan bank—an offering that still stands as a benchmark for the industry.

Transaction: Global Depositary Receipt Offering

Value : USD 0

Concluded the largest acquisition share swap, valued at LKR 5,600 million, with HNB Investment Bank acting as Manager and Financial Advisor to the Share Swap/Private Placement.

Transaction: Acquisition Share Swap

Value : LKR 0 million

Led the Private Placement of LKR 4.9 billion—the highest amount of equity ever raised through a Private Placement—serving as Lead Manager & Co Placement Agent.

Transaction: Private Placement

Value : LKR 0 million

Managed the largest IPO in Sri Lanka at the time, taking on the role of Lead Manager.

Transaction: Initial Public Offering

Value : LKR 0 million

Executed the first ever capital market share swap transaction in Sri Lanka, representing both the buyer and the seller as the Buy/Sell Side Broker.

Transaction: Acquired a 51% stake in Amaya Leisure from Mr. Dhammika Perera in exchange for a 9% stake in Hayleys PLC.

Value : LKR 0 million

Structured and placed the first Green Bond Issue to be listed on the Colombo Stock Exchange.

Transaction: Subordinated Senior, Listed Bond Issue

Value : LKR 0 million

Pioneered the first-ever high-yield bond in Sri Lanka, fully subscribed on opening day, with HNB Investment Bank serving as Exclusive Financial Advisor and Structuring Partner to the transaction.

Transaction: High-Yield Bond Issuance

Value : LKR 0 billion

Pioneered the first Exchange Traded Fund to be listed on the Colombo Stock Exchange, taking on the role of Sponsor & Manager from strategy to implementation.

Transaction: Initial Public Offering

Value : LKR 0 million

Arranged and acted as swap counterparty for the largest derivatives transaction in Sri Lanka at the time—a USD 36.5 million interest rate swap.

Transaction: Interest Rate Swap

Value : USD 0

Acted as Joint Manager for Union Bank’s IPO, which was oversubscribed 300 times on the opening day—the highest oversubscription rate for an IPO in the country’s capital market history.

Value : LKR 0 million

Advised on the first ever share buy-back to take place on the Colombo Stock Exchange.

Transaction: Share Buy-Back

Value : LKR 0 million

Joint Placement Agent

Transaction: Rights Issue

Value : LKR 0 million

Placement Coordinator

Transaction: Initial Public Offering

Value : LKR 0 million

Manager & Financial Advisor

Transaction: Initial Public Offering

Value : LKR 0 million

Initial Public Offering

Lead Manager

Value : LKR 0 million

Initial Public Offering

Manager & Financial Advisor

Value : LKR 0 million

Rights Issue

Manager & Financial Advisor

Value : LKR 0 million

Manager & Financial Advisor

Transaction: Rights Issue

Value : LKR 0 million

Rights Issue

Manager & Financial Advisor

Value : LKR 0 million

Manager & Financial Advisor

Transaction: Rights Issue

Value : LKR 0 million

Manager & Financial Advisor

Transaction: Initial Public Offering

Value : LKR 0 million

Joint Manager

Transaction: IPO

Value : LKR 0 million

Cargo Boat Dev.
Company PLC

Manager & Financial Advisor

Transaction: Rights Issue

Value : LKR 0 million

Manager & Financial Advisor

Transaction: Private Placement

Value : LKR 0 million

Manager & Financial Advisor

Transaction: Private Placement

Value : LKR 0 million

Initial Public Offering

Financial Advisor & Lead Manager

Value : LKR 0 million

Manager & Financial Advisor

Transaction: Private Placement

Value : LKR 0 million

Manager & Financial Advisor

Transaction: Initial Public Offering and Introduction

Value : LKR 0 million

Joint Manager & Placement Agent/Joint Advisor & Manager

Transaction: Private Placement and IPO

Value: LKR 1,740 & LKR 1,200 million

Joint Manager

Transaction: Listing through Introduction

Undisclosed Value

Lead Manager & Co-Placement Agent

Transaction: Private Placement & IPO

Value: LKR 4,900 million & LKR 532 million

Financial Advisor & Sponsor

Transaction: Listing through Introduction

Broker

Transaction: Acquisition of 9.9% by SBI Group

Value : LKR 0 million

Manager and Financial Advisor to the Share Swap/Private Placement.

Transaction: Acquisition Share Swap

Value : LKR 0 million

Sell-Side Broker

Transaction: Sale of 28.6% to Fortis Global Healthcare Holdings Pte. Ltd

Value : LKR 0 million

Buy/Sell-Side Broker

Transaction: Sale of Mr. Dhammika Perera’s 51% stake in Amaya Leisure to Hayleys PLC in exchange for a 9% stake in Hayleys PLC

Value : LKR 0 million

Buy-Side Broker

Transaction: Purchase of 50.8% of On’ally Holdings PLC

Value : LKR 0 million

Advisor & Arranger

Transaction: Sale of 70% to Access International (Pvt) Ltd

Value : LKR 0 million

Sell-Side Broker

Transaction: Sale of 19% to Deutsche Investitions- Und

Value : LKR 0 million

Financial Advisor & Arranger

Transaction: Sale of 7.93% to DWM Funds S.C.A, SICAV SIF

Value : LKR 0 million

Sell-Side Broker

Transaction: Sale of 9.38% to Bansei Securities Co. Ltd

Value : LKR 0 million

Sell-Side Broker

Transaction: Sale of 40.94% to Hemas Holdings PLC

Value : LKR 0 million

Advisor

Transaction: Purchase of 44.98% by EighthWonder & Consortium of Investors

Value : LKR 0 million

Financial Advisor & Arranger

Transaction: Sale of 100% to Ceyoka (Private) Limited

Sell-Side Broker

Transaction: Sale of the Tea Plantation with an extent of 602 Acres

Undisclosed Buyer

Sell-Side Advisor and Manager

Transaction: Sale of Majority to Jetwing Hotels Ltd & Consortium

Undisclosed Buyer/Seller

Advisor & Arranger

Transaction: Sale of 40MW of Hydro Power Generating Assets

Value : USD 0 million

Ace Power - Embilipitiya

Co Lead Arranger & Bank

Transaction: Syndicated Loan

Value : USD 0 million

Joint Manager & Placement Agent

Transaction: Basel III compliant – Tier 2, Listed, Rated, Unsecured, Subordinated, Redeemable Debenture Issue

Value : LKR 0 million

Joint Manager & Placement Agent

Transaction: Basel III Unsecured Subordinated Redeemable Debenture Issue 2024

Value : LKR 0 million

Joint Manager & Placement Agent

Transaction: Basel III Unsecured Subordinated Redeemable Debenture Issue

Value : LKR 0 million

Joint Manager & Placement Agent

Transaction: Senior, Unsecured Redeemable Debenture Issue

Value : LKR 0 million

Joint Manager & Placement Agent

Transaction: Basel III Unsecured Subordinated Redeemable Debenture Issue 2024

Value : LKR 0 million

Joint Placement Agent

Transaction: Basel III Unsecured Subordinated Redeemable Debenture Issue

Value : LKR 0 million

Joint Manager & Placement Agent

Transaction: Basel III Unsecured Subordinated Redeemable Debenture Issue

Value : LKR 0 million

Joint Placement Agent

Transaction: Basel III Unsecured Subordinated Redeemable Debenture Issue

Value : LKR 0 million

Manager

Transaction: Senior, Unsecured Redeemable Debenture Issue

Value : LKR 0 million

Joint Placement Agent

Transaction: Listed Rated Unsecured Senior Redeemable 05 year debenture

Value : LKR 0 million

Joint Manager & Placement Agent

Transaction: Senior, Unlisted Debenture Issue

Value : LKR 0 million

Joint Manager

Transaction: Senior, Listed, Rated, Unsecured, Redeemable, Green 3-Year Bonds

Value : LKR 0 million

Joint Advisor & Manager

Transaction: Tier 02 Subordinated Debt Issue 2025

Value : LKR 0 million

Manager

Transaction: Subordinated Debenture Issue

Value : LKR 0 million

Financial Advisor and Structuring Partner 

Transaction: High-Yield Bond Issuance

Value : LKR 0 million

Lead Arranger & Bank

Transaction: Syndicated Loan

Value : USD 0 million

Co Lead Arranger & Bank

Transaction: Syndicated Loan

Value : USD 0 million

Lead Arranger & Bank

Transaction: Syndicated Loan

Value : USD 0 million

Lead Bank & Arranger

Transaction: Securitized Syndicated Credit Facility

Value : USD 0 million

Arranger

Transaction: Syndicated Loan

Value : USD 0 million

Arranger

Transaction: Acquisition Finance

Value : USD 0 million

Lead Arranger

Transaction: Syndicated Loan

Value : LKR 0 million

Celltel Lanka

Lead Bank & Co Arranger

Transaction: Syndicated Loan

Value : LKR 0 million

Co Arranger

Transaction: Syndicated Loan

Value : LKR 0 million

Arranger / Lead Banker

Transaction: Syndicated Loan

Value : LKR 0 million

Celltel Lanka

Lead Bank & Co Arranger

Transaction: Syndicated Loan

Value : LKR 0 million

Lead Bank & Arranger

Transaction: Syndicated Loan

Value : LKR 0 million

Co Lender

Transaction: Structured Term Facility

Value : LKR 0 million

Sole Banker

Transaction: Structured Term Facility

Value : LKR 0 million

Lead Manager & Arranger

Transaction: Securitised Credit Facility

Value : LKR 0 million

Lead Manager & Arranger

Transaction: Securitised Credit Facility

Value : LKR 0 million

Lead Manager & Arranger

Transaction: Securitised Credit Facility

Value : LKR 0 million

Lead Manager & Arranger

Transaction: Securitised Credit Facility

Value : LKR 0 million

Financial Advisor

Transaction: Business Valuation

Financial Advisor

Transaction: Business Valuation

Financial Advisor

Transaction: Business Valuation

Manager

Transaction: Feasibility & Advisory

Independent Advisor

Transaction: Business Valuation for Merger

Manager

Transaction: Feasibility & Advisory

Manager

Transaction: Mandatory Offer by Lankem Ceylon PLC

Independent Advisor

Transaction: Mandatory Offer by Mr. H R S Wijeratne

Manager & Financial Advisor

Transaction: LKR 5.6 Bn Share Swap/Private Placement

Independent Advisor

Transaction: Voluntary Offer by Janashakthi PLC

Independent Advisor

Transaction: Mandatory Offer by Serenity Lake Leisure (Pvt) Ltd

Independent Advisor

Transaction: Business Valuation for Equity Infusion

Proven Results for
Diverse Clients

Impact Stories

Looking for Expert Guidance?

Discover how our Corporate Finance expertise can help you navigate complex financial decisions.


Reach out to our team
  

Yaveen Jayasekara
Group Chief Strategy Officer
(+94) 77 750 6666

Madhusha Alwis
Senior Associate – Corporate Finance
(+94) 76 426 3785

Your Journey with us Starts Here