Last day to apply for "10.25% Prabhu Bank Debenture 2086"; Applications accepted till banking hour today

Prabhu Bank Limited (PRVU)'s "10.25% Prabhu Bank Debenture 2086" is issuing a total of 10 lakh units at a price of Rs 1000 per unit. The bank has separated 6 lakh units for private placements and the remaining 4 lakh units for the general public.

The issue had opened from Kartik 21, 2076. Publishing a notice today, the bank has informed that the issue will close from tomorrow. Therefore interested individuals can place application till banking hour today.

The debenture will be offering 10.25% interest payable semi-annually for a period of 10 years. Applications can be placed via Mero Share or by submitting applications to any CASBA member institutions.

Sunrise Capital is the issue manager of the debenture issuance.

Interested individuals can apply for a minimum of 25 units and a maximum of 4 lakh units.

Announcement