Corporate DisclosureCITYBANK
CITYBANK Corporate Disclosure — 9 February 2016
Announcement summary
- What happened
- CITYBANK published a corporate disclosure on 9 February 2016. Read the full announcement for details.
- Company
- City Bank PLC.
- Announcement published
Original announcement
(Continuation news of CITYBANK): i. Conversion Option: IFC may convert all or portion of the outstanding principal balance of the loan into common shares of the borrower at any time during the conversion period following the delivery of a conversion notice by IFC to the bank. ii. Conversion Period: it means the period commencing on the date that is 1 year from the date of the loan agreement and terminating upon the full repayment of the loan in accordance with the terms of the loan agreement. (cont. 4)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf2d5a6b0000400629b7
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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