DBH will issue bonds

The board of Delta BRAC Housing (DBH) Finance Corporation Limited, a listed financial sector company, has decided to issue zero coupon bonds worth Rs 300 crore.

This information has been known from the company sources.

It is learned that the company will issue bonds subject to the approval of the regulatory body Bangladesh Securities and Exchange Commission (BSEC). Bond Features Zero coupon bond is 4 year term, non-convertible and fully liquidable. Units of this bond will be allotted through private placement.

The bonds will be issued subject to the approval of the concerned regulatory bodies.

Sunbd/NJ