Corporate DisclosureEBL

EBL Corporate Disclosure — 30 October 2014

Published
Last verified by BullBD

Announcement summary

What happened
EBL published a corporate disclosure on 30 October 2014. Read the full announcement for details.
Company
Eastern Bank PLC.
Announcement published

Original announcement

The Company has informed that BSEC vide its letter dated October 29, 2014 has given consent under the provisions of the Securities and Exchange Commission (Private Placement of Debt Securities) Rules, 2012 for raising Tier-2 Capital of Eastern Bank Limited amounting to Tk. 2,500.00 million only by the issuance of Non-Convertible EBL Sub-Ordinated Bond through Private Placement. The consent has been accorded subject to obtain NOC from the Bangladesh Bank in this regard and due compliance with the relevant laws and regulatory requirements.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf6b5a6b000040065af8
Original publication
Last verified by BullBD
Translation
BullBD
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