Muthoot Finance Offering 10% Interest on NCDs. Should You Invest?
Moneylife Digital Team 27 September 2019
Muthoot Finance plans to raise Rs1,000 crore from the public through the issue of secured non-convertible debentures (NCDs). Subscriptions to the tranche-3 issue of the NCD opened on 27 September 2019 and will end on 25 October 2019, or earlier, at the company’s discretion. The NCDs are offering a minimum coupon rate of 9.25%pa (per annum) and maximum 10%pa.
The issue is rated by...
Premium Content
This is a premium article. Your annual or monthly subscription will not give you access if it is outside your subscription period. You can buy it individually
Pay Per Article Gift An Article
Access will cover your subscription period. Archives not included. Articles outside the subscription period can be bought individually.
Yearly Digital Access Monthly Digital Access
Already a subscriber ? Log in
Free Helpline
Legal Credit