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Showing posts from February, 2019
L&T Finance Limited Secured NCD - Opens on Mar 6, 2019
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L&T Finance Limited (Tranche I) Issue Size: 500Cr.+1000Cr.= 1500Cr. Instrument: Secured Redeemable Non-Convertible Debenture* Credit Rating: '[ICRA] AAA (stable) ,CARE AAA / Stable Tenor & Interest: Secured Retail category 37 Months : 9.10 Annual 60 Months 9.25 Annual 8.89 Monthly *120 Months * 9.35 Annual 8.98 Monthly Listing: Proposed to be listed on BSE & NSE Issuance Mode: Demat Face Value: ₹ 1000 Mode Of Application: ASBA Only Issue Opening Date: 06th Mar 2019 Issue Closing Date: 20th Mar 2019 Allocation Ratio QIB:20% Corporate: 20% HNI: 30% Retail: 30% First Come First Serve Basis ASBA Only
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