Sunrise Bank allots "10.25% Sunrise Debenture 2083" on Mangsir 27, 2076
Sun, Dec 15, 2019 11:49 AM on Bonds & Debentures, Latest, Stock Market,
Sunrise Bank Limited (SRBL) had issued "10.25% Sunrise Debenture 2083" to the general public from Kartik 20, 2076.
The bank has allotted the applicants on Mangsir 27, 2076. According to the issue manager, a total of 54 applications were received for private placement and 1491 applications were received from the general public. All the applicants were allotted fully.
The Bank has issued a total of 30 lakh units of debenture, out of which, 12 lakh units are for the general public and 18 lakh units are for private placement. Similarly, out of the units offered to general public, 60,000 units has been reserved for Mutual Funds. The debenture is being issued at 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.
