18 March 2017

Public Notification for Issuance of Commercial Paper (CP)

 

 


DUNGSAM CEMENT CORPORATION LIMITED

Dungsam Cement Corporation Limited (DCCL) is floating corporate bonds (Series III) amounting to Nu. 300 million. All interested public and private Institutions and individuals are invited to purchase the Bonds. The following are the terms and conditions;

  • Issuer : Dungsam Cement Corporation Limited
  • Broker : BDBL Securities Limited
  • Total Issue Size : Nu. 1,500 million
  • Private Placement : Nu. 1,200 million
  • Public Offering : Nu. 300 million
  • Tenure : 7 years
  • Face Value : Nu. 1000/-
  • Issue price : Nu. 1000/-
  • Minimum subscription : 1000 (one thousand) units for institutions and 10(ten) units for private individuals
  • Coupon/Interest rate : 8% per annum (Semi-annual payment)
  • Opening Date : May 19, 2015
  • Closing Date : June 19, 2015
  • Allotment date : June 23, 2015
  • Allotment : The allotment will be done based on the ‘Equal allocation method' of RSEBL
  • Tax Exemption : Coupon amount will be exempted for the purpose of PIT.
  • Guarantee/Security : Guaranteed by DHI and fully secured with the pledge of equity shares of one of its subsidiary company

 

Kindly read the prospectus for more detailed information on the Bond being issued. A copy of the application form and prospectus can be obtained from the DCCL website (www.dccl.bt), and BDBL offices and branches. The following are the links

 Prospectus Series III DCCL Corporate Bond

Application Form for Purchase of Dungsam Cement Series III Bond 

 

 

For any clarification, please contact Ms. Dorji Zangmo, DCCL, (M:17660296, e-mail :dojzhang.dccl@gmail.com) or Mr. Sangay Wangdi, BDB (M:17516930, e-mail: sangay.wangdi375@bdb.bt)

 

DCCL Management