Edelweiss Broking to raise up to Rs 300 crore via NCD
时间:2024-06-29 03:19:51 阅读(143)
Edelweiss Broking on Tuesday said it will raise up to Rs 300 crore through the public issuance of non-convertible debentures to support working capital requirements. The issue will open on July 5 and close on July 26 with an option of early closure, the company said in a statement.
The public issue of secured redeemable non-convertible debentures (NCDs) or bonds will have a face value of Rs 1,000 each. The issue has a base issue size of Rs 150 crore with an option to retain an oversubscription of up to Rs 150 crore, aggregating to Rs 300 crore.The funds raised through the issue will be used for working capital purposes.These bonds will have a tenor of 24 months / 36 months / 60 months / 120 months available with various interest payment options like monthly, annual and cumulative. The effective yields offered to investors are in the range of 8.75-9.95 per cent per annum.
猜你喜欢
- NSE places 3 Adani stocks under short-term surveillance
- Cheaper imports bring down soybean, mustard seed prices
- Consumption, infra could light up Samvat 2080- Experts
- Oil prices rise on concerns over tightening supply
- Oil prices fall, extend slide after OPEC+ cuts underwhelm
- Oil prices rise on concerns over tightening supply
- NTPC Rating- buy- A good end to fiscal for company
- NSE Bulk deals, July 14- Senco Gold, Mcleod Russel, JITF Infra, other major deals that took place on Friday
- Campaign Decoded- Zivame urges to check yourself