Deadline Extended for "8 yrs, 7% Nabil Debenture, 2089"; Issue to Close on Shrawan 20
Fri, Jul 25, 2025 11:06 AM on Latest, Bonds & Debentures,
Nabil Bank Limited has extended the deadline for issuing 30,00,000 units of "8 yrs, 7% Nabil Debenture, 2089" to the general public and institutions until 20th Shrawan, 2082.
The debenture, which has an 8-year maturity period and a coupon rate of 7%, was open for application on the 6th Shrawan, 2082.
30,00,000 units will be issued at a par value of Rs. 1000 per unit. Out of the total units being issued, 60%, i.e., 18 lakh units, the total issue will be subscribed via private placement, while the remaining 12 lakh units worth Rs. 1.20 Arba will be open for public issue. For mutual funds, 5%, i.e., 60,000 units, will be allocated. It will raise a total of Rs 3 Arba from the issuance.
According to CDSC, 3,173 applicants have applied for 15,46,850 units worth Rs. 1.54 Arba so far.
Nepal SBI Merchant Banking Limited is the issue manager. Investors can apply for a minimum of 25 units and a maximum of 12,00,000 units.
