"9% Standard Chartered Bank Nepal Ltd Debenture" Added in Sebon's Pipeline

Fri, Jul 15, 2022 3:37 PM on Latest, Bonds & Debentures,

The "9% Standard Chartered Bank Nepal Ltd Debenture" is under preliminary review by the Securities Board of Nepal (SEBON). The application was submitted on Ashad 09 and the issue is still under SEBON's scrutiny.

"9% Standard Chartered Bank Nepal Ltd Debenture" is Standard Chartered Bank's proposed debenture with a maturity period of 5 years. Its coupon rate is set at 9%.

Out of the total 24 lakh units, 9.6 lakh units will be issued to the public and the remaining 14.4 lakh units will be subscribed by private placement. NIBL Ace Capital Limited is the proposed issue manager.