Sunrise Bank to float “10% Sunrise Bank Debenture 2080” worth Rs.1 arba from 20 Chaitra 2075. The issue will be closed on 25 Chaitra 2075 early and if not subscribed within 4 days, than it will be remains open till 19 Baishak 2076.
The debenture holders will get 10% interest annually. Its maturity period is 5 years.
The company will be floating 10 lakh units at the rate of Rs.1000. The company will issue 40% or 4 lakh units for general public & rest of 60% or 6 lakh units for other companies. Out of 4 lakh units allocated for public, 5% or 20000 units will be issued to existing mutual funds.
Any interested applicants can apply minimum 25 units & maximum 4 lakh units from all the C-ASBA approved BFIs.
Also read: Benefit of investing in debenture of companies.
Prabhu Capital Limited has been appointed as issue manager.
Currently, its Paid up capital is Rs.8.15 arba.
