Akij Food and Beverage Limited to raise Tk 5 Billion through zero-coupon bond

Akij Food and Beverage Limited (AFBL), one of Bangladesh's leading homegrown FMCG companies competing with global giants, has announced plans to raise Tk 5 billion through a Zero-Coupon Bond, subject to approval from the Bangladesh Securities and Exchange Commission (BSEC).

This five-year bond, designed to offer an attractive return, aims to support AFBL's continued expansion by boosting trade operations, strengthening cash flow management, and diversifying funding sources beyond traditional bank financing. The move reflects AFBL's forward-looking financial strategy and introduces a secure and innovative investment vehicle for Bangladesh's growing investor base.

The Arrangement Agreement Signing Ceremony was recently held at the AFBL Head Office. Senior officials from Akij Food and Beverage Limited, North Star Investments Limited, Lion City Advisory Limited, and IDLC Investments Ltd. were also present.

AFBL's position as a market leader was further solidified when Mojo, its flagship beverage brand, was named the Most Loved Brand in 2024 by the Bangladesh Brand Forum. In the alternative CSD (carbonated soft drink) category, Speed also won the title of Most Loved Brand in 2024, reflecting the company's deep consumer resonance and strength.

With this bond issuance, AFBL reinforces its role as a key driver of industrial innovation and capital market development in Bangladesh, continuing its journey of excellence as a proudly Bangladeshi FMCG powerhouse.