Corporate DisclosureEXIMBANK

EXIMBANK Corporate Disclosure — 12 February 2017

Published
Last verified by BullBD

Announcement summary

What happened
EXIMBANK published a corporate disclosure on 12 February 2017. Read the full announcement for details.
Company
Export Import (Exim) Bank of Bangladesh PLC.
Announcement published

Original announcement

The Company has informed that BSEC has accorded its approval to the Company to raise capital amounting to Tk. 400.00 crore only through issuance of 7 year Floating Rate Non-Convertible Mudaraba Subordinated Bond through private placement as per provisions of the Securities and Exchange Commission (Private Placement of Debt Securities) Rules, 2012. The purpose of issuance of the Bond is to raise Tier-II Capital of the Bank and its Issue Price will be 100% at par.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf0d5a6b00004006007c
Original publication
Last verified by BullBD
Translation
BullBD
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