Loan & Debt25 Sept 2026, 05:40 pm
Repco Home Finance Allots ₹75 Cr Commercial Paper
AI Summary
Repco Home Finance Ltd has announced the allotment of Commercial Papers (CPs) worth ₹75 crore. The unlisted CPs have a face value of ₹5,00,000 each, with a coupon rate of 7.60%. The allotment date was September 25, 2026, and the redemption date is December 23, 2026. Kotak Mahindra Bank Limited is the investor, and The Federal Bank Limited is the issuing and paying agent. The CPs have been assigned a rating of ICRA A1+. No special rights are attached to these CPs.
Key Highlights
- Company allotted Commercial Papers aggregating ₹75 crore.
- CPs are unlisted with a coupon rate of 7.60% and maturity in December 2026.
- Kotak Mahindra Bank is the sole investor in this issuance.
- The CPs have received a strong rating of ICRA A1+.
Price Impact
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