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17.12 - 16:17
Edelweiss Finance announces new NCD public issue with up to 9.7% effective yield – check details
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financialexpress.comHere’s a new option for investors looking for fixed-income investments. Edelweiss Financial Services Limited (EFSL) has announced the public issue of Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 1,000 each, amounting to Rs 2,000 million (Base Issue), with an option to retain over-subscription up to Rs 3,000 million aggregating to a total of Rs 5,000 million (Tranche I Issue).
There are ten series of NCDs carrying fixed coupon and having tenure of 24 months, 36
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