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SEBON approves FPO issue to Himalayan Bank

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Kathmandu. The Securities Board of Nepal (Sebi) has approved the additional public offering (FPO) of Himalayan Bank.

The board has approved the issue of 9,250,469 units of shares worth Rs 1.45 billion at the rate of Rs 157 per share.

Care Ratings has given care NP BBB to the bank’s bond. Citizens Capital is its sales manager.

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