Laxmi Sunrise Bank Limited Opening the Issue of "7% Laxmi Sunrise Debenture 2092" From Today
Summary
Laxmi Sunrise Bank Limited has opened the issue of "7% Laxmi Sunrise Debenture 2092" with 30 lakh units worth Rs. 1.20 Arba available to the public and institutions starting from 14th Shrawan to 19th Shrawan, 2083.
Key Points
- Laxmi Sunrise Bank Limited has issued 30,00,000 units of "7% Laxmi Sunrise Debenture 2092".
- The debenture has a 10-year maturity and a coupon rate of 7%.
- 40% of the debentures (12 lakh units) worth Rs. 1.20 Arba will be available to the general public and institutions.
- Machapuchhre Capital Limited is managing the issue and investors can apply for a minimum of 25 units.