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subject: BRAC Bank 25% Subordinated Convertible Bonds [print this page]


BRAC Bank 25% Subordinated Convertible Bonds

(xvii) Analogous Events: any event occurs whichunder the laws of any relevant jurisdiction ananalogous effect to any of the events hasreferred to in any of the foregoing paragraphs.The Bonds shall automatically bear interest from (andincluding) the date of the occurrence of any such eventat the Step-Up Interest Rate. The Trustee shall notifythe Bondholders in accordance not less than 3business days after it has become aware of an Eventof Default that the Step-Up Interest Rate has takeneffect.

BRAC Bank 25% Subordinated Convertible Bonds

By: Abu Bakar Siddique




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