"8% Nabil Debenture 2085" Gets Approval From Regulatory Board SEBON

Thu, Jun 10, 2021 12:47 PM on Latest, Bonds & Debentures,

Nabil Bank Limited has got the regulator's approval to issue 8% Nabil Debenture 2085. SEBON provided the approval on Jestha 11 this month.

8% Nabil Debenture 2085 has a maturity period of 7 years and will mature in the year 2085. 30 lakh units will be issued at a par value of Rs. 1,000. Thus, the debenture is worth Rs. 3 Arba. While 12 lakh units will be issued to the public, 18 lakh units will be subscribed via private placement.

Himalayan Capital has been appointed the issue manager for the debenture issue.