Breaking News
Monday , October 23 2017
Home / Tag Archives: AA

Tag Archives: AA

Edelweiss Financial Services’ arm issues maiden Perpetual Bonds

Edelweiss Financial Services’ subsidiary – ECL Finance has issued unsecured non-convertible subordinated perpetual bonds to further strengthen the company’s Capital Adequacy Ratio which stood at 16.14% as on March 31, 2017. This issue is the largest among NBFCs in the last 3 years. The company issued its maiden unsecured Perpetual ... Read More »

IndusInd Bank to raise Rs 1000 crore on private placement basis

IndusInd Bank has received its board’s approval for issuance of Rated, Listed, Non-Convertible, Perpetual Subordinated Unsecured Basel III Compliant Bonds in the nature of Debentures towards non-equity regulatory Additional Tier 1 Capital (AT1 Bonds), for Face Value of Rs 10 lakh each for cash aggregating to Rs 1,000 crore on ... Read More »

Union Bank of India raises Rs 750 crore via bonds

Union Bank of India has raised Rs 750 crore by issuing 7,500 non-convertible, unsecured subordinated Basel III compliant perpetual debt instruments for inclusion in additional tier-I capital.  The bond is issued for face value of Rs 10 lakh each at par aggregating to Rs 750 crore on private placement basis. ... Read More »