• BIZ BRIEFS
KATHMANDU: Nepal SBI Bank Ltd (NSBL) has submitted application to Securities Board of Nepal (SEBON) on July 2 for final approval to issue 10-year debenture of two billion rupees bearing coupon rate of nine per cent per annum payable on half yearly basis, as per a media release.
Out of the total issue, 800,000 units will be allocated to the general public and 1.2 million units through the private placement.
NMB Capital Ltd has been appointed as issue manager for the same.
A version of this article appears in the print on July 6, 2023, of The Himalayan Times.
