"10% Nabil Debenture 2082" issue opens from today; Bank to collect Rs 2 arba from the issuance

Nabil Bank is issuing "10% Nabil Debenture 2082" from today (Chaitra 2) to Chaitra 5, 2076. In the case of under-subscription, the issue will be extended to Chaitra 16, 2076.

The bank is issuing a total of 20 Lakh units of debentures at par value of Rs.1000 per unit. The total value of the issue is Rs.2 Arba and will be providing 10% interest rate. The debenture will mature in 6 years i.e. in 2082.

Out of the total issue, 8 Lakh units (40% of the issue) will be issued to the general public while the remaining 12 Lakh units (60% of the issue) will be privately placed.

Laxmi Capital Market Limited has been appointed as the issue manager.

The interested applicants can apply for a minimum of 25 units and no limit has been set for maximum units.

Offer Letter