SEBON approves "10.25% Citizens Bank Rinpatra 2086"; Citizens Bank International collecting Rs 2.5 arba via this issue

Wed, Feb 5, 2020 11:24 AM on Bonds & Debentures, Latest, Stock Market,

Securities Board of Nepal (SEBON) has approved "10.25% Citizens Bank Rinpatra 2086" of Citizens Bank International.

The bank is issuing a total of 25 lakh units debentures at a par of Rs 1000 per unit collecting a total of Rs 2.5 arba. Out of the total units 15 lakh units has been separated for private placement and 10 lakhs will be issued to general public.

Global IME Capital is the issue manager of the debenture issuance.