Laxmi Capital News
Press Release of Everest Bank Ltd. Energy Bond 2089
Everest Bank Limited to float 2 Million units of “Everest Bank Limited Energy Bond,2089” at the interest rate of 5.5% Everest Bank Limited has appointed Laxmi Capital Market Ltd. as issue manager for issuing its 2 Million unitsof “Everest Bank Limited Energy Bond,2089” at the interest rate of 5.5%amounting to NPR. 2 Billion. Interest will be settled on quarterly basis till its maturity period of 10 years.Bank plans to issue 40% of its debentures i.e. NPR. 800 Million to general investors and remaining NPR. 1.2Billion worth debentures through private placement.

 

MoU regarding the same was signed between CEO of Everest Bank Limited, Mr. SudeshKhaling and CEO of Laxmi Capital Market Limited, Mr. Rajiv Sapkota amid a program.