BSEC sanctioned LankaBangla Finance Limited to issue Zero Coupon Bond of BDT 3 billion. The NBFI received the consent of Bangladesh Bank earlier.
This will be the fourth bond issue and third Zero Coupon Bond issue of the company. The company wishes to enhance the loan disbursement momentum for SME, corporate and retail segments through this bond.
IIDFC Capital Limited is acting trustee and Green Delta Capital Limited is the arranger of this issue.
Source: New Age