Muthoot Fincorp plans NCD issue to raise Rs 400 crore

Muthoot Fincorp plans NCD issue to raise Rs 400 crore

Mumbai: Muthoot FinCorp plans to raise up to ₹400 crore through the issuance of secured, redeemable, non-convertible debentures with varying tenures. “The Tranche I Issue with a face value of ₹1,000 has been open to the public from Friday, September 1 till Thursday, September 14, 2023, subject to an early closure as may be approved … Read more

ICICI Bank raises Rs 2,827 cr by issuing bonds

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NEW DELHI: on Tuesday said it has raised over Rs 2,827 crore by issuing bonds on a private placement basis. Its board of the directors in April this year had approved the fundraising through the issuance of debt securities. “Pursuant to the same, the bank has allotted 28,274 senior unsecured redeemable long-term bonds in the … Read more

IRB Infra raises Rs 150 crore via NCDs

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New Delhi: IRB Infrastructure Developers on Wednesday said it has raised Rs 150 crore through allotment of NCDs on a private placement basis. “This is to inform you that the management administration and share transfer committee of the board of directors of the company…has allotted 9.55 per cent secured, redeemable, listed, rated non-convertible debentures (NCDs) … Read more