Envoy Textiles Limited has informed that the Board has decided to issue a 5-year series Zero Coupon Bond with face value of BDT 2,000.00 million at a discounted value of BDT 1,684.48 million through private placement to the potential investors subject to approval of Bangladesh Securities and Exchange Commission to finance the Captive Power Plant of the company and to prepay a portion of high-cost borrowing.