NON CONVERTIBLE DEBENTURES.
ECL Finance ltd., the NBFC arm of Edelweiss Financial Services Ltd., announced the Public Issue of secured Redeemable Non Convertible Debentures (NCD's).
Face value: Rs. 1000/each.
Total Amount : Rs.250 crores with an option to retain oversubscription amounting to Rs.250 crores thus totalling to Rs.500 crores.
Tenor: ranging from 36 months to 60 months. Rating : CARE AA' & BWR AA from
Brickworks -Outlook stable.
Interest : 11.60% annualised yield:12.24% 11.85%,annualisd basis:12.52%.
Issue Opening on : 16.01.2014, Closing on: 27.01.2014.
Lead Managers to the Issue: ICICI Securities Ltd.Axis capital Ltd.,&Edelweiss
Financial services ltd.
( For more information please read the prospectus & the details contained
in the application form )
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