Maldives Ports Limited (MPL) has successfully completed the second annual coupon distribution for its fixed income bond, with MVR 3.5 million disbursed to investors on 3 July 2025. The payment covers the period from 4 July 2024 to 4 July 2025.
This timely disbursement reflects MPL’s continued commitment to honouring its financial obligations under the bond’s Redemption Schedule. The company reaffirmed its intention to ensure prompt and consistent coupon distributions in line with its responsibilities as an issuer.
MPL’s bond, issued on 11 April 2023, offers investors an annual return of 7% and was met with strong public demand, exceeding the initial offering size. First National Finance Corporation served as the Lead Arranger for the issuance.
The company stated that it will continue to uphold transparency and reliability in managing its debt instruments, providing confidence to its growing investor base.