Reminder: "10.25% Nepal SBI Bank Debenture 2083" Closing Today
Mon, Jul 11, 2022 10:59 AM on Latest, Bonds & Debentures,
Nepal SBI Bank Limited is closing the public issue of "10.25% Nepal SBI Bank Debenture 2083" today. The issue opened on 22nd Ashad and was supposed to close on 26th Ashad but since there was public holiday on that day, the issue was extended till today i.e 27th Ashad.
30,00,000 units have been issued at a par value of Rs.1000 per unit. 40% i.e. 12 lakh units worth Rs. 1.20 Arba have been issued for the general public. Meanwhile, 60% i.e. 18 lakh units will be subscribed via private placement.
Investors can apply for a minimum of 25 units to a maximum of 12 lakh units. Sanima Capital has been appointed the issue manager. As the name suggests, "10.25% Nepal SBI Bank Debenture 2083" has a maturity period of 5 years and will yield 10.25% annual returns to unitholders.
