Today news
About the same in other media
21.12 - 08:21
17.12 - 16:17
Edelweiss Finance announces new NCD public issue with up to 9.7% effective yield – check details
Reading now: 424
financialexpress.comHere’s a new option for investors looking for fixed-income investments. Edelweiss Financial Services Limited (EFSL) has announced the public issue of Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 1,000 each, amounting to Rs 2,000 million (Base Issue), with an option to retain over-subscription up to Rs 3,000 million aggregating to a total of Rs 5,000 million (Tranche I Issue).
There are ten series of NCDs carrying fixed coupon and having tenure of 24 months, 36 months, 60 months and 120 months with annual, monthly and cumulative interest option. Effective annual yield for NCDs ranges from 8.75% to 9.70% per annum, Edelweiss Financial Services said in a statement.
Edelweiss said that at least 75% of the funds
Read more on financialexpress.comAbout this in other media
TPG readies for IPO in New York fnlondon.com /3 years ago
Balancer Launches Aave Boosted Pools to Increase LP Yields cryptonews.com /3 years ago
“Cute Dog” Coin Mochi Inu ($MOCHI) Bridges Gap Between Memecoins and Decentralized Finance cryptonews.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
