Nabil Bank Limited To Issue Rs. 3 Arba Worth "7% Nabil Debenture, 2089" From Shrawan 6
Mon, Jul 14, 2025 10:10 AM on Bonds & Debentures, Latest,
Nabil Bank Limited has published an offer letter to issue 30,00,000 units of "8 yrs, 7% Nabil Debenture, 2089" to the general public.
The debenture with an 8-year maturity period and a 7% coupon rate will be open for application from 6th Shrawan to 9th Shrawan, 2082. If the issue isn't fully subscribed, the deadline can be extended to Shrawan 20, 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.
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.
