Prime Commercial Bank Limited Opening the Issue of "6.25% Prime Bank Debenture 2093" From Today

Summary

Prime Commercial Bank Limited has launched the issuance of 6.25% debentures maturing in 10 years, open for public application from 16th to 19th Ashadh 2083, with potential extension to 30th Ashadh if undersubscribed.

Key Points
  • Prime Commercial Bank Limited has issued 30,00,000 units of 6.25% debentures with a 10-year maturity period.
  • The public issue opens from 16th Ashadh to 19th Ashadh, 2083, with a possible extension to 30th Ashadh if not fully subscribed.
  • The debentures have a par value of Rs. 1000 per unit, raising a total of Rs 3 Arba from this issuance.
  • Sanima Capital Limited is managing the issue, with a minimum application of 25 units per investor.
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