Kathmandu. Guhyeshwori Merchant Banking Finance has taken forward the process of issuing debentures worth Rs 260 million. For this, the company has applied to the Securities and Exchange Board of Nepal (SEBON) seeking permission.
If the Securities and Exchange Board of Nepal grants permission, the company will issue ‘Guhyeshwori Debentures-2089’. According to which, the company will sell a total of 260,000 units of debentures with a face value of Rs 1,000.
Out of the total units, the company will sell 156,000 units of debentures individually. The remaining 104,000 units of bonds will be publicly issued.
This is an 8-year bond of the company. Investors will receive 9 percent interest per annum.
NIMB S Capital is the bond sale manager of Guheshwari Merchant Banking.
