Edelweiss Broking to raise up to Rs 300 crore via NCD
时间:2024-06-26 14:10:41 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
- Nifty to cross 18,400 or bears to rage on D-St- Check US stocks, Asian markets, FII activity, SGX Nifty, more
- Binance Coin (BNB) price prediction- Is it time to shift towards Retik Finance (RETIK)-
- Bihar Education Department deducted salaries of 12,987 absent teachers; suspends 39 and dismisses 13 over violations
- Block-the-Talk- Rohit Arora of Biz2X on the need to balance technological advancements and cybersecurity diligence
- Nifty range-bound, to trade in broad range of 18400-18900, small-caps to outperform; Bank Nifty consolidating
- Torrent Pharmaceuticals Rating- Buy - Deal could be marginally value accretive
- The economic potential of women- Widely accepted, narrowly questioned
- Top i-banks under Sebi lens over possible disclosure lapses
- Tech Mahindra rating – Buy- 5G investment accelerated growth in quarter