Entrepreneurs have proposed that companies be permitted to allocate more than 70% of their Initial Public Offering (IPO) proceeds toward debt repayment. The suggestion was presented during a stakeholder consultation meeting organized by the Bangladesh Securities and Exchange Commission (BSEC) yesterday to deliberate on potential amendments to existing regulations.
অর্থনীতি
Entrepreneurs propose using over 70% of IPO funds for debt repayment
During a stakeholder consultation held by the BSEC, entrepreneurs suggested allowing companies to utilize more than 70% of IPO proceeds for settling debts.
তথ্যসূত্র: The Business Standard