StockWatch
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Holding Company
Loan & Debt8 Jun 2026, 10:25 am

Edelweiss Financial Services Launches ₹3,000 Million NCD Issue

AI Summary

Edelweiss Financial Services Limited (EFSL) has announced a public issue of Secured Redeemable Non-Convertible Debentures (NCDs) aggregating up to ₹3,000 million. The issue includes a base size of ₹1,500 million and a green shoe option of up to ₹1,500 million. The NCDs offer an effective annual yield ranging from 8.64% to 10.00% and have a credit rating of "Crisil A+/Stable". The funds raised will primarily be used for repaying existing borrowings (at least 75%) and for general corporate purposes (up to 25%). The issue opens on June 8, 2026, and closes on June 19, 2026, with listing on BSE Limited.

Key Highlights

  • Edelweiss Financial Services launches ₹3,000 million NCD issue.
  • Offers effective yield up to 10.00% p.a.
  • NCDs rated "Crisil A+/Stable".
  • Funds to be used for debt repayment and general corporate purposes.
  • Issue opens June 8, 2026, and closes June 19, 2026.