Corporate DisclosureBANKASIA

BANKASIA Corporate Disclosure — 24 June 2021

Published
Last verified by BullBD

Announcement summary

What happened
BANKASIA published a corporate disclosure on 24 June 2021. Read the full announcement for details.
Company
Bank Asia PLC.
Announcement published

Original announcement

Refer to their earlier news disseminated by DSE on 16.05.2021 regarding issuance of Perpetual Bond, the Company has further informed that the Board of Directors has decided to issue Unsecured Contingent-Conversion Floating Rate Perpetual Bond of Tk. 5,000.00 million through Public Offering of 10% and Private Placement of rest 90% to have capital support under Additional Tier-1 Capital of Basel- III and to comply with Debt Securities Rules-2021 dated May 31, 2021 and (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b000040053223
Original publication
Last verified by BullBD
Translation
BullBD
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