Debenture in Pipeline: 8.5% Global IME Bank Ltd. Debenture 2086/87
Wed, Sep 23, 2020 11:02 AM on Latest, Bonds & Debentures,
The "Global IME Bank Ltd. Debenture 2086/87" is under preliminary review by the Securities Board of Nepal (SEBON). The application was submitted on Bhadra 29 and the issue is still under SEBON's scrutiny.
"Global IME Bank Ltd. Debenture 2086/87" is Global IME Bank's proposed debenture with a maturity period of 10 years. Its coupon rate is set at 8.5%.
Out of the total 30 lakh units, 12 lakh units will be issued to the public and the remaining 18 lakh units will be subscribed by private placement. Century Capital Market Limited is the proposed issue manager.
