"9.5% Manjushree Finance Limited Debenture, 2085" Closing Today
Fri, Feb 5, 2021 10:18 AM on Latest, Bonds & Debentures,
Today is the last day to apply for the "9.5% Manjushree Finance Limited Debenture, 2085". The issue had opened for application from Magh 18.
The debenture titled "9.5% Manjushree Finance Limited Debenture, 2085" has a coupon rate of 9.5%. The coupon rate is simply the annual payment made by the issuer of the bond to the investors.
A total of 5 lakh units are registered. 2 lakh units are opened for the public issue and 3 lakh units will be subscribed via private placement. 5% of the public issue is reserved for mutual funds. Rs. 1000 is the par value. Meanwhile, NIBL Ace Capital has been appointed the issue manager. Investors can apply for a minimum of 25 units or a maximum of the entirety of the issue.
Although the early closing date of the issue was on Magh 21, the deadline was extended to Falgun 02, 2077. However, since the issue is fully subscribed before that day, the issue manager has decided to close the issue today. The issue will close at the end of banking hours.
