Corporate DisclosureIFIC
IFIC Corporate Disclosure — 29 December 2015
Announcement summary
- What happened
- IFIC published a corporate disclosure on 29 December 2015. Read the full announcement for details.
- Company
- IFIC Bank PLC
- Announcement published
Original announcement
The Company has informed that BSEC has given consent to the Company for issuance of Non - Convertible Coupon Bearing Bond (IFIC Sub - Ordinated Bond) amounting to Tk. 3,500.00 million only with a Face Value of Tk. 1.00 million of each debt through private placement with semiannual interest payment for a group of institutional and individual investors. The Purpose of the issuance is to consolidate and strengthen their capital base (Tier - II Regulatory Capital Raising) (cont.)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf2d5a6b000040062e02
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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