IIDFC, ICB Capital Management ink deal to issue bond

FE Desk | August 08, 2018 00:00:00

Managing Director of IIDFC Md. Golam Sarwar Bhuiyan and Chief Executive Officer of ICB Capital Management Limited Md. Sohel Rahman exchanging documents after signing an agreement on behalf of their respective sides in the capital recently to issue Tk 2.0 billion (Tk 200 crore) subordinated bond

The IIDFC recently signed an agreement with ICB Capital Management Limited to issue Tk 2.0 billion (Tk 200 crore) coupon bearing non-convertible fully redeemable subordinated bond.

Managing Director of IIDFC Md Golam Sarwar Bhuiyan and Chief Executive Officer of ICB Capital Management Limited Md. Sohel Rahman signed the agreement on behalf of their respective sides in the capital.

Managing Director of Investment Corporation of Bangladesh (ICB) Kazi Sanaul Hoq attended the agreement-signing ceremony as the chief guest, says a statement.

Executive Vice President, Chief Financial Officer (CFO) and Company Secretary of IIDFC Md. Shamim Ahamed and other high officials of both sides were also present, among others.