Out of the total units, the bank will issue 40 percent i.e. 1.2 million units to general public. The remaining 1.8 million will be funded by private placement.
The bank has appointed Siddhartha Capital as its issue manager. The interest will be paid semi-annually.
ICRA Nepal has assigned LA- grade to the issuance indicating low credit risk. Previously, the bank issued debenture worth Rs 500 million.
