Frequent visitor to debt market Kosamattam Finance Ltd (KFL) is once again coming out with its NCD offer to mobilize Rs. 125 crore with a green shoe option to retain oversubscription to the extent of Rs. 125 crore, taking the aggregate size of the offer to Rs. 250 crore. The company can issue up to … Read more
ECL Finance Ltd. (ECLFL) is the Edelweiss group’s finance sector arm. It is one of the leading systemically important non-deposit taking NBFCs, focused on offering a broad suite of secured corporate loan products, retail loan products which are customized to suit the needs of the corporates. The company is offering a fourth tranche of NCDs. … Read more
Retail bond issuances in the current financial year, FY2019 are likely to surpass their previous high of Rs 42,383 crore witnessed in FY2014. Much of this is expected to come from the Non-Banking Finance companies (NBFC)’s which have typically accounted for ~40% of the retail bond issuances during the FY2011-18 period; the balance being accounted … Read more