Business

LankaBangla Finance to issue Tk 300 crore bond

LankaBangla Finance becomes LankaBangla Finance PLC

LankaBangla Finance PLC today said its board has approved the issuance of a zero-coupon bond to raise Tk 300 crore.

The non-convertible zero-coupon bond (3rd Issue) will be issued in a face value on the Alternative Trading Board, said the non-bank financial institution in a post on the Dhaka Stock Exchange.

A zero-coupon bond is a debt security that does not pay interest but instead trades at a deep discount, rendering a profit at maturity, when the bond is redeemed for its full-face value.

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LankaBangla Finance to issue Tk 300 crore bond

LankaBangla Finance becomes LankaBangla Finance PLC

LankaBangla Finance PLC today said its board has approved the issuance of a zero-coupon bond to raise Tk 300 crore.

The non-convertible zero-coupon bond (3rd Issue) will be issued in a face value on the Alternative Trading Board, said the non-bank financial institution in a post on the Dhaka Stock Exchange.

A zero-coupon bond is a debt security that does not pay interest but instead trades at a deep discount, rendering a profit at maturity, when the bond is redeemed for its full-face value.

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বর্ষার শুরুতেই ডেঙ্গুর ঝুঁকি

বিশেষজ্ঞরা সতর্ক করেছেন, মশার প্রজনন নিয়ন্ত্রণে দ্রুত ও কার্যকর ব্যবস্থা নেওয়া না হলে এই বর্ষায় পরিস্থিতি আরও খারাপ হতে পারে।

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