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SKS MICROFINANCE LTD. - Issue and allotment of Debentures on private placement basis
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15 May 2015
SKS Microfinance Ltd has informed BSE that on May 15, 2015, the Company has issued and allotted secured, rated, listed, redeemable, non-cumulative, taxable non-convertible debentures (NCDs) of face value of Rs.10 lakh each aggregating to Rs.200 Crore on private placement basis.&lt;BR&gt;&lt;BR&gt;These NCDs are rated A+ by a leading credit rating agency. Instruments rated A+ carry low credit risk and are considered to have adequate degree of safety regarding timely servicing of financial obligations.&lt;BR&gt;&lt;BR&gt;The aggregate NCDs outstanding as on date is Rs. 400 Crore.
View all announcements for SKS MICROFINANCE LTD. Source: BSE India