Axis Financial institution allots NCDs price Rs 2600 crore




on non-public placement foundation

Axis Financial institution has allotted 26,000 Senior Unsecured Taxable Redeemable Non-convertible Debentures (Collection-6) of face worth of Rs. 10 lakhs every (debentures), for money, aggregating to Rs. 2,600 crore at a coupon price of 6.99% payable yearly on non-public placement foundation. As per the phrases of the stated situation, curiosity will likely be payable yearly until maturity on December 22, 2021. The debentures are redeemable at par on the finish of 10 years (redemption date 22 December 2031).

operated by Capital Markets – Stay Information

(This story has not been edited by Enterprise Normal staff and is robotically generated from a syndicated feed.)


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First revealed: Wed, 22 December 2021. 18:11 IST



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