Loan & Debt13 Oct 2026, 07:30 pm
Afcons Infra issues ₹35 Cr Commercial Paper at 8.10% p.a.
AI Summary
Afcons Infrastructure Ltd has issued Commercial Papers (CPs) worth ₹35 Crores on October 13, 2026, through a private placement. These CPs have a tenure of 77 days, maturing on December 29, 2026. The interest offered is 8.10% per annum, payable upfront. The instruments are unsecured, issued in favor of Ambit Finvest Pvt Ltd, and carry a credit rating of Crisil A1+. The company proposes to list these CPs on the National Stock Exchange of India Limited.
Key Highlights
- Issued ₹35 Cr Commercial Papers on October 13, 2026.
- CPs have a 77-day tenure, maturing December 29, 2026.
- Interest rate is 8.10% p.a., with upfront payment.
- Instruments are unsecured and rated Crisil A1+.
- Proposed to be listed on the National Stock Exchange.
Price Impact
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