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Board approved a ₹75 crore private placement of secured, rated, listed NCDs at 13% annual interest for 30 months, with monthly coupons, 1.35x security cover and principal repayments of 30%, 30% and 40% at months 18, 24 and 30. Context: extends the company’s recent NCD-led funding drive.
Regency Fincorp Board Approves ₹75 Crore Private Placement NCD Issue
Regency Fincorp Approves ₹1,300 Crore Borrowing Limit Subject To AGM Approval
Regency Fincorp Board Approves ₹1,300 Crore Borrowing Limit For Shareholder Vote
Regency Fincorp Board Approves ₹1,300 Crore Borrowing Ceiling
Regency Fincorp Allots ₹50 Crore NCDs To Three Identified Investors