Page 3 - Secured Redeemable News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Secured redeemable. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Secured Redeemable Today - Breaking & Trending Today

Edelweiss Financial Services announces ₹ 200 crore Public Issue of Secured Redeemable NCDs


Edelweiss Financial Services announces ₹ 200 crore Public Issue of Secured Redeemable NCDs
Posted On:
2020-12-20 23:47:50
(Time Zone: Arizona, USA)
Edelweiss Financial Services Limited (EFSL), the parent arm of the Edelweiss Group, today announced the public issue of Secured Redeemable Non-Convertible Debentures (NCDs) of a face value of ₹1,000 each, amounting to ₹ 100 crores ( Base Issue ), with an option to retain over-subscription up to ₹ 100 crores aggregating to a total of ₹ 200 crores ( Issue ).
The NCDs offer an effective yield (cumulative) of 9.95% p.a. for 120 months tenure, 9.35% p.a. for 36 months tenure and up to 9.80% p.a. for 60 months tenure. 75% of the funds raised through this Issue will be used for the purpose of repayment /prepayment of interest and principal of existing borrowings of the Company and the balance is proposed to be utilized for general corporate purposes, subject to such utilization not exceeding 25% of the amoun ....

Edelweiss Financial Services Limited , Brickwork Ratings India Private , Edelweiss Finance Investments , Edelweiss Financial Services Ltd , Edelweiss Financial Services , Equirius Capital Private , Exchange Board Of India Issue And Listing , Edelweiss Housing Finance , Edelweiss Retail Finance , Edelweiss Group , Financial Services , Public Issue , Secured Redeemable , Financial Services Limited , Secured Redeemable Non Convertible Debentures , Exchange Board , Issue And Listing Of Debt Securities , Edelweiss Housing Finance Limited , Edelweiss Retail Finance Limited , Edelweiss Finance , Investments Limited , Brickwork Ratings India Private Limited , Capital Private Limited , Lead Manager , ஏதெல்வேஸ்ஸ் நிதி சேவைகள் வரையறுக்கப்பட்டவை , ஏதெல்வேஸ்ஸ் நிதி முதலீடுகள் ,