Corporate DisclosureSOUTHEASTB
SOUTHEASTB Corporate Disclosure — 8 March 2018
Announcement summary
- What happened
- SOUTHEASTB published a corporate disclosure on 8 March 2018. Read the full announcement for details.
- Company
- Southeast Bank PLC
- Announcement published
Original announcement
The Company has informed that Bangladesh Securities and Exchange Commission (BSEC) has given consent to raise of capital by Southeast Bank Limited amounting to Tk. 500.00 crore only through issuance of 7-Years Floating Rate Non-Convertible Subordinated Bond through Private Placement as per provisions of the Securities and Exchange Commission (Private Placement of Debt Securities) Rules, 2012. The purpose of issuing the Bond is to increase their Tier-II Capital. Its issue price will be 100% at Par.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acef05a6b00004005d3a0
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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