Paramount Textile — it is one of the top manufacturers of fabrics from Bangladesh and exports its products to various countries across the globe — has decided to raise Taka 250 crore by issuing bonds.
Media reports underlined this adding the company is doing to pay off existing liabilities and expand.
Reports citing Paramount’s filing on the Dhaka Stock Exchange, further added the funds would be mobilised by issuing transferable, non-convertible, and fully redeemable unsecured zero-coupon bonds through private placement.
