
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.
Price Impact
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