Prime Commercial Bank Limited To Issue Rs. 3 Arba Worth "6.25% Prime Bank Debenture 2093" from Ashadh 16
Mon, Jun 22, 2026 11:21 AM on Bonds & Debentures, Latest,
Prime Commercial Bank Limited (PCBL) has published an offer letter to issue 30,00,000 units of "6.25% Prime Bank Debenture 2093" to the general public.
The debenture with a maturity period of 10 years and a coupon rate of 6.25% will be open for application from 16th Ashadh to 19th Ashadh, 2083. If the issue isn't fully subscribed, the deadline can be extended to Ashadh 30, 2083.
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. 1.22 Crore will be open for public issue, 5% i.e. 60,000 units will be allocated for mutual funds. It will raise a total of Rs 3 Arba from the issuance.
Sanima Capital Limited is the issue manager. Investors can apply for a minimum of 25 units and a maximum of the total issued units.
