Loan & Debt9 Jun 2026, 06:11 pm
Avenue Supermarts Allots ₹300 Cr Commercial Paper
AI Summary
Avenue Supermarts Ltd has successfully allotted Commercial Paper worth ₹300 crores. The unsecured instrument has a tenure of 90 days, with allotment on June 9, 2026, and maturity on September 7, 2026. The coupon rate offered is 7.18%. The Commercial Paper is proposed to be listed on the BSE Limited. The credit rating for this issuance is ICRA A1+, indicating a strong short-term credit quality.
Key Highlights
- Allotted Commercial Paper worth ₹300 crores.
- Instrument has a 90-day tenure.
- Coupon rate offered is 7.18%.
- Credit rating is ICRA A1+.
- Proposed to be listed on BSE.
Price Impact
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