21/08/2023 11:24:06 AM | Source: PR Agency
NBFC-MFI CreditAccess Grameen`s NCD Tranche II Issue will open on August 24, 2023 coming Thursday
Coupon Rate up to 9.70 %p.a. Effective Yield up to 10.13%p.a.
The base size of the NCD Issue is Rs. 400 crore with an option to retain oversubscription up to Rs. 600 crore aggregating up to Rs. 1,000 crore. The company had successfully raised Rs. 500 crore last year (Nov 2022) through Tranche I which was subscribed 3.03x times of the base size issue.
The NCDs are proposed to be listed on BSE Limited and NSE Limited. The company has a market capitalisation of over Rs. 21,500 crore.
To Read Complete Report & Disclaimer Click Here
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
MOSt Market Roundup : Nifty future closed negative w...
Evening Track : Commodities trading mixed as Preside...
Quote on Nifty by Vatsal Bhuva, Technical Analyst at...
Quote on Pre-Budget Expectations by Mr. Sebi Joseph,...
Union Budget 2025 wish list by Mr. George Alexander ...
Quote on Market Wrap by Mr. Ajit Mishra ? SVP, Resea...
PhonePe celebrates Mahakumbh mela with Rs 144 flat c...
Quote on Market Wrap Up by Shrikant Chouhan, Head Eq...
2025 Fashion Trends: Insights into the Colors, Style...
Daily Market Commentary : Investors will closely tra...
