Nabil Bank Ltd. has appointed Laxmi Capital Market Ltd. as an issue manager for issuing its 20 lakh unit Nabil Bank Ltd Bond
Nabil Bank Ltd. has appointed Laxmi Capital Market Ltd.
as an issue manager for issuing its 20 lakh unit Nabil Bank Ltd. Bond that amounts to Rs 2 arba. The MoU regarding the same was signed
between CEO of NABIL Mr. Anil Keshari Shah and CEO of the Laxmi Capital Market
Ltd. Mr. Rajiv Sapkota amid a program. The bank which plans to issue 40% of debenture i.e. Rs 80
crores to general investors and remaining Rs 1.20 arba worth debentures to the
big and institutional investors will float its debenture for the investors
after receiving permission from SEBON.
"The bank plans to provide 10% interest
to the investment semi-annually for the 7 years after which the debenture shall
mature."
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