DBH Finance PLC has announced its intention to raise Tk550 crore through the issuance of bonds. These bonds are designed to support the housing sector by enabling the disbursement of loans at affordable interest rates. The nature of these bonds is that they are non-convertible redeemable fixed-coupon bonds with a tenure of up to five years from the issue date. Investors have the opportunity to acquire units of these bonds at their face value through a private placement.
This move by DBH Finance PLC reflects its commitment to serving the housing sector by raising significant capital through bonds. By offering affordable loans, they aim to contribute to the growth and development of the housing market, potentially benefiting both homebuyers and the company’s financial performance.
Source for more details:
