Edelweiss Financial Services Limited Announces 33,500 Million Public Issue of Secured Redeemable Non-Convertible Debentures

Edelweiss Financial Services Limited (EFSL) announced the public issue of Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of 21,000 each for an amount up to 1,750 million with a green shoe option of up to 1,750 million, cumulatively aggregating up to 33,500 million. The Issue has 10 series of NCDs carrying fixed coupons and having a tenure of 24 months, 36 months, 60 months, and 120 months with annual, monthly and cumulative interest options. The effective annual interest yield on the NCDs ranges from 8.64% p.a. to 10.01% p.a. The Issue is scheduled to open on March 2, 2026 and will close on March 16, 2026. At least 75% of the funds raised through this Issue will be used for the purpose of repayment/prepayment of interest and principal of existing borrowings of the Company and the balance is proposed to be utilised for general corporate purposes.