ICFC Finance Limited's Rs. 30 Crore 'ICFC Finance Debenture-2088' Issue Approved by NRB

Tue, Jun 11, 2024 11:06 AM on Latest, NEPSE News, Bonds & Debentures,

ICFC Finance Limited (ICFC)'s 'ICFC Finance Debenture-2088' has been approved by the Nepal Rastra Bank. The Nepal Rastra Bank gave the nod of approval on Jestha 28, 2080.

The "ICFC Finance Debenture-2088" has 3 lakh units, each having a par value of Rs. 1,000. Kumari Capital Limited has been appointed as the debenture issue and sales manager.

As the name suggests, the "ICFC Finance Debenture-2088" has a maturity period of 8 years and will mature in the year 2088 BS.