IIFL Finance, a Systemically Important Non-deposit taking Non-Banking Financial Company, announced it will open a public issue of Secured NCDs on September 27, 2021, to raise up to Rs. 1,000 crore, for the purpose of onward lending, financing, refinancing the existing indebtedness of the Company (payment of interest and/or repayment/prepayment of principal of borrowings) and…
MAS Financial Services Limited has announced that it has raised INR 100 crore via market-linked NCDs (MLD). The Finance Committee of the Board of Directors of MAS Financial Services, in its meeting held on June 23, 2021 approved and allotted, on a private placement basis, 10,000 Rated, Senior, Secured, Listed, Transferable, Redeemable, Principal Protected Market-linked…
BlackSoil, a venture debt platform, announced it has raised Rs 32 crore through non-convertible debentures. The three-year NCDs were issued to more than 60 investors on a private placement basis. The company said 70% of the funds were raised from existing investors. Ankur Bansal, cofounder of Mumbai-based BlackSoil Group, said, “In the present scenario of…