City Sugar Industries, a concern of City Group, one of the leading consumer goods importers and processors, plans to raise Tk 1,500 crore by issuing a fully mortgage-backed zero coupon bond.

City Sugar Industries Limited, a flagship company of City Group, has announced plans to raise Tk1,500 crore through the issuance of a 100% mortgage-backed zero-coupon bond.

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The funds to be raised through this bond will support City Sugar Industries Limited in expanding its trade operations, ...

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The Houston-based billionaire restauranteur would buy out the private club’s original investors if a deal comes to fruition.