2021-04-08: Decision to issue Non-Convertible Callable Zero-Coupon Bonds

HRTEX: H.R. Textile Mills Ltd. has informed that Board of Directors has decided to issue Non-Convertible Callable Zero-Coupon Bonds (ZCBs) of BDT 1,00,000 each, totaling discounted issue price of BDT 800,000,000 with total face value of BDT 1,262,885,878 through private placement, subject to the approval of the Bangladesh Securities & Exchange Commission (BSEC) and other relevant regulatory bodies. The yield of issue will range from 9.00% to 9.60% per annum with 3 to 7 years maturity.(cont)