By Our Reporter
Nabil Bank Ltd has inked the issue management agreement with the Laxmi Capital Market Limited under which Laxmi Capital will manage the issuance of debentures to be issued by the Bank.
The Bank is going to issue debentures worth NPR 2 billion with a face value of NPR 1000/-. The management of both public issuance and private placement shall be done by Laxmi Capital.
The agreement was signed by the Bank’s CEO Anil Keshary Shah and Rajiv Sapkota, CEO of the Laxmi Capital.
Laxmi Capital Market Limited is a wholly owned subsidiary of Laxmi Bank Limited. It has obtained license from Securities Board of Nepal (SEBON) to be engaged in merchant banking activities such as Initial Public Offering (IPO), Underwriting of Securities, Portfolio Management Services, Registrar to Share, etc.