IFAD Autos Limited announced that the Board of Directors has decided to raise up to BDT 300,00,00,000.00 only in the form of coupon bearing non-convertible fully redeemable bonds (with a tenor of 5 years), hereinafter called the "Ifad Autos Coupon Bearing Bond" to a group of investors subject to the final approval of the Bangladesh Securities and Exchange Commission (BSEC).