BRACSCBOND Spot for entitlement of 2nd conversion of bonds - Share market analysis of dhaka stock exchange, Bangladesh

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11 January, 2017 02:50 PM Source: Dhaka Stock Exchange

Trading of Subordinated 25% Convertible Bonds of BRAC Bank Ltd. will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with the entitlement of 2nd conversion (10% of the Face Value of the bonds held by bondholders on the record date) of bonds from 12.01.2017 to 15.01.2017. Subordinated 25% Convertible Bonds of BRAC Bank Ltd. will remain suspended on record date i.e., 16.01.2017.


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