Today news
About the same in other media
Muthoot Finance to raise up to Rs 1,000 crore via NCDs
Reading now: 472
loan focused non-bank lender Muthoot Finance on Tuesday said it will raise up to Rs 1,000 crore through a public issue of secured, redeemable non-convertible debentures. The fresh non-convertible debentures (NCDs), which is the 33rd public issue of the largest gold loan financier with over Rs 60,000 crore of loan outstanding, has a base issue size of Rs 100 crore with an option to retain oversubscription up to Rs 900 crore.
The issue opens on January 8 and closes on January 19 with an option to close on such earlier date or extended date as may be decided by the board, the Kochi-based company said in a statement.
The NCDs, which have been rated AA+ (stable) by Crisil and Icra, will be listed on the BSE post allotment.
About this in other media
REC raises about Rs 3,500 crore via yen-denominated green bonds economictimes.indiatimes.com /10 months ago
EaseMyTrip aims to raise ₹1,000 cr by April, eyes acquisitions in non-air space livemint.com /10 months ago
Interviewing startup InCruiter raises Rs 1 crore in revenue-based financing economictimes.indiatimes.com /10 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
