NIBL issuance bonds, lord capital in Sales Manager

KATHMANDU: Prabhu Capital has been assigned to issue the bonds of Nepal Investment Mega Bank Limited (NIBL).

NIBL is issuing Rs 4.4 billion worth of bonds worth Rs 4.4 billion worth of 44 lakh 40 thousand shares of 10 years with a nominal rate of Rs 1000.

The interest rate of the bond is 10 percent per annum.

The agreement to appoint Prabhu Capital as the bond issue and sales manager was signed by Senior Deputy Chief Executive Officer Mahesh Sharma Dhakal on behalf of NIBL and Chief Executive Officer Aashish Gauchan on behalf of Prabhu Capital.