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SKS Microfinance issues CP aggregating Rs 25 crore

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Capital Market
Last Updated : Aug 26 2015 | 6:48 PM IST

On 26 August 2015

SKS Microfinance announced that the Company issued Commercial Papers of an aggregate amount of Rs.25 crore on 26 August 2015, which have been rated 'A1+' by a leading rating agency. Instruments with the aforesaid rating are considered to have a very strong degree of safety regarding timely payment of financial obligations. Such instruments carry the lowest credit risk.

The aggregate Commercial Paper outstanding as on date is Rs.475 crore.

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First Published: Aug 26 2015 | 5:57 PM IST

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