Corporate DisclosureBARKAPOWER

BARKAPOWER Corporate Disclosure — 15 November 2021

Published
Last verified by BullBD

Announcement summary

What happened
BARKAPOWER published a corporate disclosure on 15 November 2021. Read the full announcement for details.
Company
Baraka Power Limited
Announcement published

Original announcement

The Company has informed that the Board of Directors has decided to issue Non-Convertible, Non-Listed, Zero-Coupon Bonds (ZCBs) amounting to BDT 180,00,00,000.00 (in face value) through private placement, subject to the approval of the Bangladesh Securities and Exchange Commission (BSEC). The proceeds of the issue will be utilized to repay the exiting debts of the Company, thereby reducing the overall finance costs.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
6191ee0203147376eaabdb49
Original publication
Last verified by BullBD
Translation
BullBD
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