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CreditAccess Grameen raises Rs 214 cr

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Capital Market

By way of private placement of NCDs

CreditAccess Grameen announced that the Executive, Borrowings and Investment Committee at their Meeting held on 05 November 2019, finalized the terms of issue of Unlisted, unrated, senior secured, redeemable, transferable Non-Convertible Debentures of Rs. 10 lakh each aggregating to Rs. 214 crore to Nederlandse Financierings Maatschappij Voor Ontwikkelingslanden N.V. (FMO) on preferential basis.

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First Published: Nov 05 2019 | 10:37 AM IST

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