An agreement between Shine Resunga Development Bank Limited and the Nepal Stock Exchange (NEPSE) has been signed for the official listing of the “Shine Resunga Debenture (SHINED)”.
Following the agreement, a total of 10,00,000 units have been listed on NEPSE at a par value of Rs. 1,000 per unit. The debenture issue was open for subscription from 32nd Ashadh to 4th Shrawan, 2082, with NIMB Ace Capital Limited serving as the issue manager.
The Shine Resunga Debenture (SHINED) carries a maturity period of 10 years and offers a coupon rate of 8% per annum.
This listing marks an important step for Shine Resunga Development Bank in broadening its funding base and providing investors with a stable, long-term fixed-income investment opportunity.