On private placement basis
Mahindra & Mahindra Financial Services has allotted 75,000 Unsecured, Subordinated (Tier II), Rated, Listed, Redeemable Non-convertible Debentures with the face value of Rs. 1,00,000/- per debenture, issued at a multiple pricing (i.e. at par and premium based on the investor pricing bids), aggregating to subscription amount of Rs. 750.30 crore on private placement basis. The said NCDs have been issued at a Fixed Coupon of 8.24% p.a. and are proposed to be listed on the Wholesale Debt Market Segment of BSE.Powered by Capital Market - Live News
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