HomeNewsTunisia: STB Bank issues a bond loan of 80 million dinars

Tunisia: STB Bank issues a bond loan of 80 million dinars

The Board of Directors of STB Bank, meeting on December 17, 2020, decided to issue a subordinated bond loan, without recourse to public offering, in an amount of 80 million dinars.

The bond is likely to be increased to a maximum amount of 110 million dinars divided into 800,000 subordinated bonds that may be increased to 1,100,000 subordinated bonds with a nominal value of 100 dinars and this, according to the following conditions

Subscriptions and payments to this subordinated loan will be made from December 31, 2020 at STB Finance, Stock Exchange Intermediary and will be closed at the latest on Monday February 15, 2021.

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