Corporate DisclosurePRIMEBANK

PRIMEBANK Corporate Disclosure — 23 October 2022

Published
Last verified by BullBD

Announcement summary

What happened
PRIMEBANK published a corporate disclosure on 23 October 2022. Read the full announcement for details.
Company
Prime Bank PLC.
Announcement published

Original announcement

The Company has informed that Board of Directors of the Company has decided to issue unsecured, non-convertible, redeemable subordinated bond of BDT 600.00 crore for 7 years to enhance capital base of the Company subject to required regulatory approvals.

বাংলা অনুবাদ — BullBD

This is a BullBD translation of the published corporate disclosure.

কোম্পানি জানিয়েছে যে কোম্পানির পরিচালনা পর্ষদ প্রয়োজনীয় নিয়ন্ত্রক অনুমোদন সাপেক্ষে কোম্পানির মূলধনের ভিত্তি বাড়ানোর জন্য 7 বছরের জন্য 600.00 কোটি টাকার অসুরক্ষিত, অ-পরিবর্তনযোগ্য, খালাসযোগ্য অধস্তন বন্ড ইস্যু করার সিদ্ধান্ত নিয়েছে৷

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
6354b1b5b2c2584194771d47
Original publication
Last verified by BullBD
Translation
BullBD
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