Non-banking finance arm of Mahindra Group – Mahindra finance will raise Rs.2000 crore through unsecured,subordinated NCDs. Interest will be paid annually with coupon rates ranging from 7.85% to 8.05%.Demat mode is compulsory to invest in this NCD issue. Details of Mahindra Finance NCD issue July 2017 are as follows: Imp Dates: Issue Open date:July 10,…
Muthoot Finance NCD Issue April 2017:
Muthoot Finance of the largest Gold loan company has come up with an issue of Secured and Un-secured NCDs in April 2017.Details of Muthoot Finance April 2017 NCD issue are as follows. Imp dates: Issue open date:April 11, 2017. Issue close date:May 10, 2017. Credit Ratings: CRISIL AA / ICRA AA.Both indicates stable issue. Coupon…
9.50% SREI Infrastructure Finance NCD January 2017:
After successful debenture issue of its equipment finance arm,SREI infra finance has come up with an issue of secured debentures worth Rs.706.63 Crores. SREI Infra is BSE & NSE listed company providing financial products and consultancy towards infrastructure development,with particular focus on power,road,telecom,oil & gas,SEZ etc. Imp dates: 1.Issue open date:January 30, 2017. 2.Issue close…