MTB capital facilitates bdt 1,500m secured preference share issuance
MTB Capital Ltd has announced the publication and distribution of the Information Memorandum (IM) for a BDT 1,500 million secured preference share issuance by Abdullah Battery Co. (Pvt.) Ltd (ABCO), a sister concern of HAMKO Group.
MTB Capital is acting as the lead arranger for the transaction.
The preference shares are secured, non-convertible, and fully redeemable cumulative instruments. To safeguard investors, the issuer will provide a bank guarantee, ensuring payment to preference shareholders.
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As part of its long-term growth strategy, Abdullah Battery has initiated this financing move to strengthen its capital structure, expand operations, improve working capital management, and repay high-cost debt.
The initiative aims to drive future revenue growth, enhance financial indicators, and reinforce overall sustainability.
The company plans to increase production capacity by 67 per cent, achieve 88 per cent revenue growth over three years, and expand market share by 50 per cent.
The launch ceremony was held at Mutual Trust Bank's head office in Dhaka on 13 November 2025, with senior management from MTB, MTB Capital, and Abdullah Battery Co. (Pvt.) Ltd in attendance.
MTB Capital reiterated its commitment to providing innovative structured and alternative financing solutions, supporting large corporates in sustainable expansion, and strengthening financial resilience across Bangladesh's corporate sector.
