Everest Bank Limited has appointed Laxmi Sunrise Capital Limited as the issue and sales manager for its upcoming NPR 3 Arba bond issuance.
Everest Bank Limited is set to issue the “Everest Bank Limited Bond 2088” with a face value of NPR 1,000 per unit, offering a total of 30 lakh units. Of these, 40% (12 lakh units worth NPR 1 Arba 20 Crore) will be available to the general public, while the remaining 60% (18 lakh units worth NPR 1 Arba 80 Crore) will be sold to individual investors. The six-year bond will carry an annual interest rate of 6.25%, with interest payments disbursed semi-annually.
The agreement for managing the bond issuance was signed by Everest Bank CEO Sudesh Khaling on behalf of the bank, and Laxmi Sunrise Capital CEO Vijay Lal Shrestha on behalf of the capital management firm.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
