Prime Commercial Bank Limited Closing the Issue of "6.25% Prime Bank Debenture 2093" From Today
Summary
Prime Commercial Bank Limited is closing the issue of 30,00,000 units of its 6.25% Prime Bank Debenture 2093 today, 23rd Ashad, 2083, raising Rs 3 Arba with a 10-year maturity period.
Key Points
- Prime Commercial Bank Limited is closing its issue of 30,00,000 units of 6.25% Prime Bank Debenture 2093 from today, 23rd Ashad, 2083.
- The debenture has a maturity period of 10 years and a coupon rate of 6.25%.
- 60% of the issue will be through private placement and the rest for public issue, with 5% allocated for mutual funds.
- Sanima Capital Limited is the issue manager for this debenture offering.
