"7.5% Everest Bank Limited Urja Rinpatra 2089" Now Listed in NEPSE
Wed, Apr 5, 2023 2:32 PM on Latest, Bonds & Debentures,
746,830 units of "7.5% Everest Bank Limited Urja Rinpatra (Energy Bond) 2089" have been listed in NEPSE.
Everest Bank Limited (EBL) issued 20,00,000 units of "7.5% Everest Bank Limited Urja Rinpatra (Energy Bond) 2089" from 25th Poush till Magh 09, 2079.
From the total issue of 20 lakh units, 12 lakh units of the total issue were subscribed via private placement while the remaining 8 lakh units worth Rs. 80 Crores were open for public issue, 5% of which was also allocated for mutual funds.
As the name suggests, the "7.5% Everest Bank Limited Urja Rinpatra (Energy Bond) 2089" will yield 7.5% annual returns to unit holders till its date of maturity, i.e. year 2089 BS (10 years).
