BD Finance to raise Tk 200cr through bond
BI Report || BusinessInsider
Published: 22:46, 23 November 2020
BD Finance
BD Finance, a non-bank financial institution, on Monday announced to raise Tk 200 crore through issuing its first zero coupon bonds.
After getting the approval of the board of directors, the company has informed it to the Dhaka Stock Exchange and other regulators concerned.
The bond will be non-convertible, fully redeemable and unsecured zero-coupon bond.
It will be a three year-tenure bond that offers 7 percent to 7.5 percent discount. Denomination of the bond has been set at Tk 10 lakh each.
City Bank Capital Resources Ltd is the mandated lead arranger of the bond.
