SEBON adds "8.5% SBL Debenture 2084" to it pipeline; Bank raising Rs 3 arba via this issue

Securities Board of Nepal (SEBON) has added "8.5% SBL Debenture 2084" into its pipeline.

Siddartha Bank Limited (SBL) is issuing a total of 30 lakh units debentures at par of Rs 1000 raising Rs 3 arba in total. The debentures will yield 8.5% per year for a period of 7 years. Out of the total offered units, 12 lakh units have been separated for the general public and mutual funds while the remaining 18 lakh units have been separated for private placement.

NMB Capital Limited is the issue manager of this debenture issuance.