"4% NMB Urja Rinpatra (Energy Bond II) 2093/94" Allotted Partially to Applicants on Jestha 10

Wed, May 25, 2022 11:52 AM on Latest, Share Allotment, Bonds & Debentures,

NMB Bank Limited has allotted the issue of "4% NMB Urja Rinpatra (Energy Bond II) 2093/94" to applicants.

The issue opened from 21st Baisakh and was supposed to close on 25th Baisakh, 2078. However, since the issue was not fully subscribed by the early closing date, the deadline was extended till Jestha 04, 2079. The allotment program concluded on Jestha 10, 2079.

35,00,000 units were issued at a par value of Rs.1000 per unit. 14 lakh units were issued for the general public, including the 70,000 units quota for mutual funds. Meanwhile, 21 lakh units were subscribed via private placement.

As per the issue manager Siddhartha Capital Limited, only 27,27,437 units of the total issue have been allotted to applicants.

As evident in its name, the bond will generate an 4% annual return to unitholders till the maturity date.

 

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