RegulatoryUCB
Brokers Asked to Suspend Margin Loans for UCB Shares
Announcement summary
- What happened
- Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of UCB shares.
- Company
- United Commercial Bank PLC
- Announcement published
Original announcement
(Continuation news of UCB): Non-listed and Redeemable UCB Fourth Subordinated Bond for 7 (Seven) years tenure with interest of Benchmark rate plus 2.50% p.a. margin with coupon floor rate of 7.00% p.a. and coupon Celling Rate of 10.50% p.a. subject to approval from Bangladesh Bank. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aced55a6b00004005b5e9
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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