Regency Fincorp Raises ₹110 Cr via Secured NCDs

Regency Fincorp Limited, an NBFC, has successfully raised ₹110 crore through two issuances of Secured, Rated, and Listed Non-Convertible Debentures (NCDs) via private placement. The issuances comprise ₹60 crore with a 13.50% coupon and 15-month tenure, and ₹50 crore with a 13% coupon and 36-month tenure. These funds are intended to strengthen the company's funding base and support its growth plans, particularly in expanding its lending franchise to MSMEs, retail customers, and emerging businesses. The MD highlighted the confidence of funding partners and the focus on maintaining a diversified liability profile.