Loan & Debt1 Oct 2026, 06:10 pm
Muthoot Capital Services Raises ₹20 Cr via Commercial Paper
AI Summary
Muthoot Capital Services Limited has successfully raised ₹20 Crores through the issuance of Commercial Paper (CP). The CP was allotted on October 01, 2026, with a maturity date of June 28, 2027, carrying a tenure of 270 days. The discount rate for this issuance was 8.82%, with the price set at 93.8752. The credit rating for this instrument is CRISIL A1+. The allottee for this issuance is Unity Small Finance Bank Limited. This move signifies the company's ability to access short-term debt financing.
Key Highlights
- Company raised ₹20 Crores via Commercial Paper issuance.
- Maturity date set for June 28, 2027, with a 270-day tenure.
- Discount rate stands at 8.82% with a CRISIL A1+ credit rating.
- Unity Small Finance Bank Limited is the sole allottee.
Price Impact
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