StockWatch
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Diversified Retail
Loan & Debt6 Jul 2026, 05:00 pm

Avenue Supermarts Allots ₹300 Cr Commercial Paper

AI Summary

Avenue Supermarts Ltd has announced the allotment of Commercial Paper worth ₹300 crores. The instrument has a tenure of 85 days, with an allotment date of July 6, 2026, and a maturity date of September 29, 2026. The coupon/interest offered is 6.60%, 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 access to short-term debt financing.

Key Highlights

  • Avenue Supermarts allotted ₹300 Cr Commercial Paper.
  • Instrument matures on September 29, 2026.
  • Offered at 6.60% interest, rated ICRA A1+.
  • Unsecured debt instrument with 85-day tenure.