IDLC Finance Limited Announces Decision to Enhance the Issue Size of Non-Convertible Zero Coupon Bonds
January 17, 2019 at 03:34 pm IST
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IDLC Finance Limited to enhance issue size of the said Non-Convertible Zero Coupon Bonds of BDT 7,550.00 million (in face value) from BDT 5,000.00 million only through Private Placement, subject to the approval of Regulatory Authorities. Denomination of the bond is BDT 1.00 million each and the tenure is upto 5 years. The company announced that referring to their earlier news disseminated on November 25, 2018 regarding issuance of Non-Convertible Zero Coupon Bonds of BDT 5.00 billion, (in face value) only through Private Placement, the company has further informed that the Board of the company has decided (cont.).
IDLC Finance PLC is a Bangladesh-based multi-product, multi-segment non-banking financial company. The Company's segments include Core financing business, Investment banking business, Brokerage business, and Asset management business. Its products and services include small and medium enterprise (SME) loans, corporate loans, and consumer loans. Its SME loans include Term Loan, Shampad (SME Lease), Working Capital Loan, Utshob (Seasonal Loan), Abashan, and Shombhabona (New Entrepreneurs Loan). Its corporate loans include corporate, supply chain finance, structured finance, and green finance. Its consumer loans include home loan, car loan, and personal loan. Its subsidiaries include IDLC Securities Limited, IDLC Investments Limited, and IDLC Asset Management Limited. IDLC Investments Limited provides various services, including investment banking services, cap-invest (non-discretionary portfolio), and discretionary portfolio management (DPM).
IDLC FINANCE PLC. 
