25/08/2023 4:07:20 PM | Source: PR Agency
NBFC-MFI CreditAccess Grameen`s NCD Tranche II Issue receives a healthy response with total subscriptions surpassing 2.0 times the base issue size of INR 400 crore
The NCD Tranche II Issue of CreditAccess Grameen Ltd. which opened on 24th August 2023, has received a healthy response with total subscriptions surpassing 2.0 times the base issue size of INR 400 crore, as of 2.00 pm on 25th August 2023. Considering the strong investor demand, the company is expected to exercise the green shoe option to retain oversubscription up to an additional INR 600 crore over and above the base issue size.
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