Corporate DisclosureCITYBANK

CITYBANK Corporate Disclosure — 30 October 2017

Published
Last verified by BullBD

Announcement summary

What happened
CITYBANK published a corporate disclosure on 30 October 2017. Read the full announcement for details.
Company
City Bank PLC.
Announcement published

Original announcement

The Company has informed that the Board of Directors has recommended early redemption of bank's 1st Tier-II Subordinated Debt (Bond), issued during the year 2014 subject to approval from the Regulatory Authorities. The Company has also informed that as of today remaining principal outstanding of the said Subordinated Debt (Bond) is Tk. 225.00 crore only and it will be redeemed along with accrued and unpaid interest on the date of redemption subject to having approval from the Regulators.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acef05a6b00004005e429
Original publication
Last verified by BullBD
Translation
BullBD
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