#Latest news with #Rs2.5bnZawya05-03-2025BusinessZawyaAditya Birla Finance eyes $172mln from short 3.5-year bondAditya Birla Finance is planning to raise Rs15bn (US$172m) from short 3.5-year bonds at 7.9413%, according to market sources. The non-banking financial company is targeting Rs2.5bn plus a greenshoe of Rs12.5bn from bonds due August 7 2028. It is seeking bids tomorrow from 11:30am to 12:30pm India time. Kotak Mahindra Mutual Fund is heard to be the anchor investor. Icra and Crisil have assigned a AAA (stable) rating to the secured notes. Source: IFR
Zawya05-03-2025BusinessZawyaAditya Birla Finance eyes $172mln from short 3.5-year bondAditya Birla Finance is planning to raise Rs15bn (US$172m) from short 3.5-year bonds at 7.9413%, according to market sources. The non-banking financial company is targeting Rs2.5bn plus a greenshoe of Rs12.5bn from bonds due August 7 2028. It is seeking bids tomorrow from 11:30am to 12:30pm India time. Kotak Mahindra Mutual Fund is heard to be the anchor investor. Icra and Crisil have assigned a AAA (stable) rating to the secured notes. Source: IFR
05-03-2025
