Machhapuchchhre Capital Appointed Issue Manager for Laxmi Sunrise Bank’s Upcoming Debenture

KATHMANDU:  Machhapuchchhre Capital Limited and Laxmi Sunrise Bank Limited have signed an agreement for the public issuance of the "7% Laxmi Sunrise Debenture 2092." Signed on 29th Shrawan 2082 (13 August 2025), the agreement appoints Machhapuchchhre Capital as both the Issue Manager and Debenture Trustee.

Laxmi Sunrise Bank plans to issue 3 million units of debentures, each with a face value of NPR 1,000, amounting to a total of NPR 3 billion.

The agreement was formalised by Mr Upendra Malakar, CEO of Machhapuchchhre Capital Limited, and Mr Piyush Raj Aryal, CFO of Laxmi Sunrise Bank Limited.

Machhapuchchhre Capital, a subsidiary of Machhapuchchhre Bank Limited, is a SEBON-licensed merchant banker offering services such as underwriting, investment management, institutional advisory, depository participant services, issue management, share registrar functions, and mutual fund operations.

This debenture issuance is part of the bank’s strategy to raise long-term funds while providing investors with a stable return through a fixed 7% interest rate over the bond’s tenure.