Corporate DisclosureABBANK
ABBANK Corporate Disclosure — 25 August 2015
Announcement summary
- What happened
- ABBANK published a corporate disclosure on 25 August 2015. Read the full announcement for details.
- Company
- AB Bank PLC.
- Announcement published
Original announcement
The Company has informed that Bangladesh Securities and Exchange Commission has given consent under the provisions of the Securities and Exchange Commission (Private Placement of Debt Securities) Rules, 2012, for raising Tier-II capital by AB Bank Limited, amounting to Tk. 400.00 crore only through issuance of 7 years Non-Convertible, Unsecured, 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
- 616acf4d5a6b000040063c53
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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