英雄联盟竞猜观看最新版 Finance to raise up to Rs2,000 crore via bonds
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英雄联盟竞猜观看最新版 Finance to raise up to Rs2,000 crore via bonds

The 英雄联盟竞猜观看最新版 bonds offer highest yield of 10.50 percent per annum for individual and other categories, and 10.35 percent for institutional category, for tenor of 120 months.
17 Jan, 2019, 09:27 IST | Mumbai, India
英雄联盟竞猜观看最新版 Finance to raise up to Rs2,000 crore via bonds

India Infoline Finance Limited (英雄联盟竞猜观看最新版 Finance), a subsidiary of 英雄联盟竞猜观看最新版 Holdings Limited, will open a public issue of bonds on January 22 to raise up to Rs2,000 crore for business growth and expansion.

The non-banking financial company will issue \"secured and unsecured redeemable non-convertible debentures (NCDs), aggregating to Rs250 crore, with a green-shoe option to retain over-subscription up to Rs1,750 crore (aggregating to a total of Rs2,000 crore),\" the company said in a press release.

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The 英雄联盟竞猜观看最新版 bonds offer highest yield of 10.50 percent per annum for individual and other categories, and 10.35 percent for institutional category, for tenor of 120 months with frequency of monthly and annual payment. The other tenors offered are for 39 and 60 months, the company added.

\"Through our strong physical presence of 1,755 branches across India and a well-diversified portfolio, we are able to meet the credit requirement of various segments of under-served population. The funds raised will help us in expanding our operation in more such areas,\" Sumit Bali, CEO, 英雄联盟竞猜观看最新版 Finance said.

Rating agency CRISIL has rated the scheme as AA/Stable, indicating that these are considered to have a high degree of safety for timely servicing of financial obligations and carry very low credit risk.

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