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.<BR><BR>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.<BR><BR>The aggregate NCDs outstanding as on date is Rs. 400 Crore.
|