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Brac to issue Tk 1,350 crore bond | The Daily Star

Microcredit provider Brac has got approval to issue zero-coupon bonds worth Tk1, 350 crore through private placement. ....

Tushar Bhowmik , Exchange Commission , Microcredit Regulatory Authority , Vice Chairman Md Fashiullah , Bangladesh Securities , Now Bond , துஷார் பொவ்மீக் , பரிமாற்றம் தரகு , பங்களாதேஷ் பத்திரங்கள் ,

Brac to raise Tk 1,350cr through bonds

Brac to raise Tk 1,350cr through bonds
Star Business Report
Star Business Report
Brac, a non-listed non-government organisation, has received the nod from the stock market regulator to raise Tk 1,350 crore by issuing zero-coupon bonds.
A zero-coupon bond is a debt security that does not pay interest. Instead, it trades at a discount, rendering a profit at maturity, when the bond is redeemed for its full face value.
The Bangladesh Securities and Exchange Commission (BSEC) yesterday approved the bond, whose face value is Tk 1 crore, according to a press release.
The bond is unsecured, non-convertible, and fully redeemable, and its tenure is one and half years to five years. Corporate investors and high net-worth individuals are eligible to buy the bonds through private placement. ....

Rashadul Islam , Tushar Bhowmik , Exchange Commission , Microcredit Regulatory Authority , Capital Ltd , Bangladesh Securities , Alternative Trading Board , துஷார் பொவ்மீக் , பரிமாற்றம் தரகு , மூலதனம் லிமிடெட் , பங்களாதேஷ் பத்திரங்கள் , மாற்று வர்த்தக பலகை ,