Rastriya Banijya Bank Limited Closing the Issue of "7 yrs, 6% RBBL Debenture 2089" From Today

Summary

Rastriya Banijya Bank Limited is closing the public issue of its 7-year, 6% debenture worth Rs. 3 billion from today. The issue has already drawn 10,320 applications for more than 23 lakh units, according to CDSC.

Key Points
  • Rastriya Banijya Bank Limited is closing the issue of 30 lakh units of “7 yrs, 6% RBBL Debenture 2089” from today.
  • The debenture has a maturity period of 7 years and a coupon rate of 6%, and was opened for application on 29th Ashwin, 2083.
  • Out of the total issue, 60% was placed through private placement while the remaining 12 lakh units were offered to the public.
  • CDSC says 10,320 applicants have applied for 23,03,819 units worth Rs. 2.30 arba so far.
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