Bangladesh's Tk 30b Beximco sukuk gets regulator's nod - Tk 7.5b to be raised through IPO
Published 24 Jun,2021 via The Financial Express - The securities regulator has approved the proposal of issuing asset-backed Green-Sukuk bond worth Tk 30 billion by the BEXIMCO for the purpose of business expansion.
The Bangladesh Securities and Exchange Commission (BSEC) on Wednesday approved the proposal setting some conditions.
The Beximco will utilise the fund for expansion of its textile unit and implementing the solar projects of Teesta Solar and Korotoa Solar, two subsidiaries of Beximco Power Company.
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The Financial Express