Dhaka Bank to issue non-convertible bond

Dhaka, Bangladesh (BBN) – The board of directors of the Dhaka Bank Limited has decided to issue non-convertible second subordinated bond for BDT 3.0 billion, said an official disclosure on Monday.
The bond issue is subject to the approval of Bangladesh Securities and Exchange Commission (BSEC), Bangladesh Bank and the shareholders of the company in the sixth extra-ordinary general meeting (EGM), the bank however said.
The record date for EGM is September 7. The date, time and venue of the EGM will be notified later.
BBN/BB/ANS

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