SKS MICROFINANCE LTD. - Issuance of Commercial Papers of an aggregate amount of Rs. 70 crore

SKS Microfinance Ltd has informed BSE that the Company issued Commercial Papers of an aggregate amount of Rs. 70 crore on December 16, 2014, which have been rated A1+ by a leading rating agency. Instruments with the aforesaid rating are considered to have a very strong degree of safety regarding timely payment of financial obligations. Such instruments carry the lowest credit risk.<BR><BR>The aggregate Commercial Paper outstanding as on date is Rs. 150 crore.