StockWatch
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Diversified Retail
Loan & Debt11 Aug 2026, 05:52 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 11th August 2026 and a maturity date of 9th November 2026. The coupon/interest offered is 6.70%, payable on maturity. The Commercial Paper is unsecured and has received an ICRA A1+ credit rating. It is proposed to be listed on the BSE Limited.

Key Highlights

  • Company issued Commercial Paper worth ₹300 crores.
  • Instrument has a 90-day tenure with a 6.70% interest rate.
  • Unsecured debt instrument rated ICRA A1+.
  • Proposed to be listed on BSE Limited.