Dhaka, March 31 -- The Beximco Group has secured permission to issue bond offering again in a bid to raise funds.

The discount rate for Beximco First Unsecured Zero Coupon bond will be 15 percent, Bangladesh Securities and Exchange Commission said in a notice on Sunday.

The unsecured bond will be nonconvertible and redeemable, with Tk 50,000 issue price of every lot.

Beximco will repay bank loans and lend the constructor cash in the Mayanagar Project for development with the funds from the bond sales.

Sandhani Life Insurance will be the insurer and IFIC Investment Ltd will be the arranger of the bond.

Beximco released its Green Sukuk Al Istisna'a bonds, a Shariah-compliant debt instrument and the first of its kind, in January 2022. I...