Prime Commercial Bank Limited To Issue Rs. 3 Arba Worth "6.25% Prime Bank Debenture 2093" from Ashadh 16
Summary
Prime Commercial Bank Limited is issuing 30 lakh units of 6.25% debentures maturing in 10 years, raising Rs. 3 Arba starting Ashadh 16, 2083.
Key Points
- Prime Commercial Bank Limited is issuing 30,00,000 units of 6.25% Prime Bank Debenture 2093.
- The debenture has a maturity period of 10 years with a coupon rate of 6.25%.
- The public application window is from Ashadh 16 to Ashadh 19, 2083, possibly extended to Ashadh 30.
- The total issue amount is Rs. 3 Arba, with 60% via private placement and 5% allocated for mutual funds.