
Loan & Debt8 Sept 2026, 05:20 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 90 days, with an allotment date of September 8, 2026, and a maturity date of December 7, 2026. The coupon/interest offered is 6.40%, payable on the maturity date. This unsecured Commercial Paper is proposed to be listed on the BSE Limited and carries 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 has a 90-day tenure with 6.40% interest.
- Commercial Paper is unsecured and rated ICRA A1+.
- Proposed to be listed on BSE Limited.
Price Impact
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