ECL Finance has planned a Rs2,000 crore issue of secured redeemable non-convertible debentures (NCDs) amounting to Rs500 crore with an option to retain over-subscription up to Rs1,500 crore. The NCD issue has been rated “AA/Stable” by CRISIL and “AA with stable outlook” by ICRA.
ECL is a non-banking finance company (NBFC) and a part of the Edelweiss group. It offers corporate...
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