Corporate DisclosureSOUTHEASTB
SOUTHEASTB Corporate Disclosure — 12 November 2014
Announcement summary
- What happened
- SOUTHEASTB published a corporate disclosure on 12 November 2014. Read the full announcement for details.
- Company
- Southeast Bank PLC
- Announcement published
Original announcement
The Company has informed that BSEC vide its letter dated November 11, 2014 has given consent to Southeast Bank Limited to raise capital amounting to Tk. 300.00 crore only through issuance of 7-year 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 issuance of the Bond is to increase the 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
- 616acf6b5a6b000040065913
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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