Pubali Bank’s Tk 750cr bond gets nod | The Daily Star
12:00 AM, November 03, 2019 / LAST MODIFIED: 12:00 AM, November 03, 2019

Pubali Bank’s Tk 750cr bond gets nod

The stock market regulator has approved a proposal of Pubali Bank for raising Tk 750 crore by issuing non-convertible floating rate subordinated bonds.

The tenure of the bond would be seven years. The proceeds will be used to strengthen the bank’s tier-2 capital base. The offer price will be Tk 7.5 crore per unit.

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