IDLC's Tk 255cr zero coupon bond gets nod | The Daily Star
12:00 AM, April 04, 2019 / LAST MODIFIED: 12:17 AM, April 04, 2019

NEWS IN brief

IDLC's Tk 255cr zero coupon bond gets nod

The Bangladesh Securities and Exchange Commission (BSEC) has approved a proposal of IDLC Finance, which is seeking to raise Tk 255 crore by issuing non-convertible zero coupon bond.

The tenure of the fully redeemable, unsecured, and non-listed bond will be seven years. The proceeds will be used to strengthen the non-bank's liquidity situation. The offer price will be Tk 10 lakh per unit.

Stay updated on the go with The Daily Star Android & iOS News App. Click here to download it for your device.

Grameenphone:
Type START <space> BR and send SMS it to 22222

Robi:
Type START <space> BR and send SMS it to 2222


Banglalink:
Type START <space> BR and send SMS it to 2225

Leave your comments

Top News

Top News

Top