StockWatch
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Diversified Retail
Loan & Debt30 Jun 2026, 06:40 pm

Avenue Supermarts Allots ₹200 Cr Commercial Paper

AI Summary

Avenue Supermarts Ltd has successfully allotted Commercial Paper worth ₹200 crores. The instrument has a tenure of 90 days, with an allotment date of June 30, 2026, and a maturity date of September 28, 2026. The coupon/interest offered is 6.70%, with the principal and interest payable on maturity. The Commercial Paper is unsecured and has received an ICRA A1+ credit rating. This move indicates the company's ability to access short-term debt financing.

Key Highlights

  • Avenue Supermarts allotted ₹200 Cr Commercial Paper.
  • Instrument matures in 90 days with 6.70% interest.
  • Unsecured debt with strong ICRA A1+ credit rating.
  • Demonstrates access to short-term debt markets.