NEPSE lists 30 lakh units of "10.25% of Sunrise Bank Debenture 2083"

Nepal Stock Exchange (NEPSE) has listed 30,00,000 units "10.25% of Sunrise Bank Debenture 2083".

Sunrise Bank Limited (SRBL) had issued "10.25% Sunrise Debenture 2083"  from Kartik 20, 2076. The Bank has issued a total of 30 lakh units of debenture, out of which, 12 lakh units were for the general public and 18 lakh units are for private placement. Similarly, out of the units offered to the general public, 60,000 units had been reserved for Mutual Funds. The debenture's face value is Rs 1000 per unit and will provide 10.25% interest for a period of 7 years.

Siddhartha Capital Limited is the issue manager.

SRBL had also issued "10 Sunrise debenture 2080" recently which has been already listed in NEPSE. This debenture is worth Rs 1 arba, making the cumulative debenture of Sunrise Bank worth Rs 4 arba.