Maldives Ports Limited (MPL) proudly announces the disbursement of its first coupon payment for its inaugural bond issuance of MVR 50 million. The company issued its bond on April 11, 2023, offering investors a competitive annual return of 7%. The offering received overwhelming public support, surpassing the initial amount offered. The first coupon payment amounted to MVR 3.5 million and was assertively distributed to the bondholders on July 4, 2024. First National Finance Corporation unequivocally served as the Lead Arranger for this issuance. As a leading financial services firm, First National Finance Corporation continues to excel in helping companies secure financing, thereby empowering businesses across the Maldives. As the exclusive port operator in the Maldives, Maldives Ports Limited reported a revenue exceeding MVR 200 million in the first quarter of 2024, with its asset valuation reaching over MVR 1.8 billion.