Prabhu Bank appoints Nabil Investment Banking as the issue manager for "10% PRVU Debenture 2084"
Wed, Nov 27, 2019 8:11 PM on Bonds & Debentures, Corporate, Latest, Stock Market,
Prabhu Bank Limited is issuing "Prabhu Bank Debenture 2084" worth Rs 2 arba. The debentures will be providing 10% interest rate for a period of 8 years.
Nabil Investment Banking Limited has been appointed as the issue manager of the debenture issuance. The agreement has been signed on Mangsir 11, 2076 by CEO Ashok Sherchan on behalf of Prabhu Bank and CEO Sabir Bade on behalf of Nabil Investment Banking.
The bank is issuing a total of 20 lakh units out of which 12 lakh units is separated for private placement and the remaining 8 lakh units is for general public.
Prabhu Bank had recently issued 10.25% PRVU Debenture 2086. The issue has been fully subscribed.
