Deadline Extended for "6.25% Prime Bank Debenture 2093"; Issue to Close on Ashadh 30
Summary
Prime Commercial Bank Limited has extended the deadline for issuing 3,000,000 units of its 6.25% debenture until Ashadh 30, 2083, with a total issuance of Rs 3 Arba.
Key Points
- Prime Commercial Bank Limited has extended the deadline for issuing its 6.25% debenture 'Prime Bank Debenture 2093' until Ashadh 30, 2083.
- The debenture has a maturity period of 10 years with a coupon rate of 6.25%.
- A total of 3,000,000 units will be issued at a par value of Rs. 1000 per unit, raising Rs 3 Arba in total.
- So far, 8,657 applicants have applied for 613,825 units worth Rs. 61.38 Crores according to CDSC.