Allotment of 10% Laxmi Bank Debentures 2086 completed

The allotment of 10% Laxmi Bank Debentures 2086 has been completed on November 17. The issue of Rs 2 Billion, managed by Nabil Investment Banking, was fully subscribed. Out of the total issued 2,000,000 units, 265 applicants out of public portion were allotted 79,996 units while 23 applicants were allotted the remaining 1,920,004 units through private placement model. The issue of the debentures was open from October 10 to November 8. The allotment was completed at a program held on November 17 at Laxmi Bank’s head office in Kathmandu.