Kathmandu. ICFC Finance Limited is going to issue debenture “8% ICFC Finance Limited Debenture-2089” worth Rs 500 million. The company has appointed Kumari Capital Limited as the issue and sale manager of the bonds.
The two sides reached an agreement during a program held at the company’s central office. Sunil Panta, CHIEF Executive Officer of Finance Limited and Pushpa Sharma, CHIEF Executive Officer of Kumari Capital Limited signed the agreement on behalf of their respective sides.
According to the company, the bond will be issued after the approval of all regulatory bodies including Nepal Rastra Bank, Securities Board of Nepal, Office of the Registrar of Companies.
The company has been providing its services through 21 branches and 18 ATMs.
