An MLD is a type of debenture that does not pay any coupon before maturity. Synopsis “Wealthy investors are now looking short term as the interest rate cycle will likely turn after 12-18 months,” said Ajay Manglunia, head of debt capital market at JM Financial. “MLDs are gaining popularity in this environment as the absolute … Read more
An MLD is a type of debenture that does not pay any coupon before maturity. Synopsis “Wealthy investors are now looking short term as the interest rate cycle will likely turn after 12-18 months,” said Ajay Manglunia, head of debt capital market at JM Financial. “MLDs are gaining popularity in this environment as the absolute … Read more
NEW DELHI: L&T Finance Holdings will raise up to Rs 200 crore by issuing bonds, offering 8 per cent interest to investors. “The Committee of Directors of the company today i.e., August 19, 2020, through a resolution passed…approved the offer and issuance of up to 2,000 unsecured, redeemable, non-convertible debentures (NCDs) aggregating to nominal amount … Read more