StockWatch
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Housing Finance Company
Loan & Debt23 Jun 2026, 06:10 pm

Repco Home Finance Allots ₹75 Cr Commercial Paper

AI Summary

Repco Home Finance Ltd has successfully allotted commercial papers (CPs) worth ₹75 crore. The unlisted CPs, with an ISIN of INE612J14596, were issued on June 23, 2026, and are set to mature on September 21, 2026. The issuance carries a coupon rate of 7.75% and has been rated 'A1+' by ICRA. Kotak Mahindra Bank Limited was the sole investor in this issuance, with The Federal Bank Limited acting as the issuing and paying agent. This move indicates the company's ability to access short-term debt financing.

Key Highlights

  • Repco Home Finance allotted ₹75 crore in commercial papers.
  • CPs mature on September 21, 2026, with a 7.75% coupon rate.
  • ICRA rating for the CPs is A1+.
  • Kotak Mahindra Bank Limited was the sole investor.