The company is considering to offer interest rate in the range of 9.75-10.25 per cent with tenures of three to seven years of different categories
SREI Equipment Finance's NCD issue opened today for subscription and is scheduled to be closed on April 30.
The NCDs are proposed to be listed on BSE and NSE. SREI Equipment Finance proposes to raise up to Rs. 250 crore through a public issue of redeemable nonconvertible debentures with an option to retain oversubscription of an additional amount up to Rs. 500 crore.
The face value of the NCDs is Rs. 1,000 each, amounting to a base issue size of Rs. 250 crore.
The company is considering to offer interest rate in the range of 9.75-10.25 per cent with tenures of three to seven years of different categories, according to a media report.
SREI Capital Markets and Edelweiss Financial Services are the lead managers to the issue.
The NCDs are proposed to be listed on BSE and NSE. SREI Equipment Finance proposes to raise up to Rs. 250 crore through a public issue of redeemable nonconvertible debentures with an option to retain oversubscription of an additional amount up to Rs. 500 crore.
The face value of the NCDs is Rs. 1,000 each, amounting to a base issue size of Rs. 250 crore.
The company is considering to offer interest rate in the range of 9.75-10.25 per cent with tenures of three to seven years of different categories, according to a media report.
SREI Capital Markets and Edelweiss Financial Services are the lead managers to the issue.
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