ICFC Finance's Rs. 50 Crore '8% ICFC Finance Limited Debenture 2089' Issue Approved by SEBON
Summary
Securities Board of Nepal has approved ICFC Finance Limited's Rs. 50 Crore 8% Debenture issue with a 7-year maturity period, offering an 8% annual return.
Key Points
- Securities Board of Nepal approved ICFC Finance Limited's '8% ICFC Finance Limited Debenture 2089' on Magh 21, 2082.
- The debenture issue consists of 5 lakh units with a par value of Rs. 1,000 each.
- 2 lakh units will be offered to the general public, while 3 lakh units will be privately placed.
- The debenture has a maturity period of 7 years and yields an 8% annual return to holders.
