Rastriya Banijya Bank Limited Opening the Issue of "6% RBBL Debenture 2089" From Today
Summary
Rastriya Banijya Bank Limited has opened applications for its 7-year, 6% debenture worth Rs. 3 billion, with public subscription running from 29 Ashwin to 10 Kartik 2083. Kumari Capital Limited is the issue manager, and a portion of the issue has been set aside for mutual funds and private placement.
Key Points
- Rastriya Banijya Bank Limited has issued 30,00,000 units of its 7-year, 6% RBBL Debenture 2089.
- The total issue aims to raise Rs. 3 billion, with 60% allocated through private placement and 40% offered to the public.
- Five percent of the units, or 60,000, are reserved for mutual funds.
- Kumari Capital Limited is serving as the issue manager, and investors can apply for a minimum of 25 units.
