Corporate DisclosureABBANK

ABBANK Corporate Disclosure — 29 September 2015

Published
Last verified by BullBD

Announcement summary

What happened
ABBANK published a corporate disclosure on 29 September 2015. Read the full announcement for details.
Company
AB Bank PLC.
Announcement published

Original announcement

With reference to their earlier news (disseminated by DSE on 25.08.15), the Company has further informed that Bangladesh Bank has issued a NOC in favor of raising Tier - II capital by AB Bank Limited, amounting to Tk. 400.00 crore only through issuance of 7 years Non - Convertible, Unsecured, Fully - redeemable, Coupon (range 11.50% - 13.50% or as fixed by the regulators) bearing AB Bank Subordinated Bond - II through Private Placement. (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf4d5a6b00004006392c
Original publication
Last verified by BullBD
Translation
BullBD
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