Page 6 - Ncds

NCDs provide interest income, but look at credit rating before investing

NCDs are debt instruments that can't be converted into equity or stocks. If you are someone who wants to get a piece of this pie, you need to choose the right one for you

Tata Housing Finance to raise Rs 2,000 crore via non-convertible debentures

The base size of the issue is Rs 500 crore with an option to retain oversubscription up to Rs 1,500 crore

IL&FS case: Sebi imposes Rs 25 lakh fine on rating agencies ICRA, CARE

The regulator has given 45 days for the payment of penalty, which was levied under Section 15HB of the Sebi Act.

Manappuram Finance to raise up to Rs 350 crore through issuance of NCDs

The shares of Manappuram Finance were trading at Rs 172.35, down 0.14% on BSE

Piramal Enterprises to raise Rs 2,750 cr via bonds in multiple tranches

Piramal Enterprises said the money can be raised in one or more tranches from time to time.

PTC Finance Services to raise Rs 580 crore via NCDs backed by SBI

The rating assignment takes into account the strong financial and credit risk profile of the issuer and partial credit enhancement by SBI

HDFC AMC takes 35% markdown on Simplex exposure after rating falls to 'D'

HDFC Credit Risk Fund had Rs 124 crore of exposure to the NCDs of the company

Tata Power issues 15,000 non-convertible debentures, raises Rs 1,500 cr

The NCDs would be listed on WDM segment of NSE

PNB Housing Finance raises Rs 2,500 crore from LIC through bond sale

This issuance is through private placement basis with a door-to-door tenure of 10 years, and the proceeds will be utilised by the company for its normal course of business operations

Sebi allows MFs to invest in unlisted NCDs up to 10% of debt portfolio

This would be subject to such investments in unlisted NCDs having simple structures being rated, secured and with monthly coupons

YES Bank promoter Rana Kapoor sells 1.8% stake to prepay NCD outstanding

In September 2017, YCPL headed by YES Bank Promoter Rana Kapoor had placed rated zero-coupon NCDs amounting to Rs 630 crore with Franklin Templeton

Muthoot Finance to raise Rs 1,000 crore via NCDs to fund business growth

The issue opens on September 27, 2019 and closes on October 25, 2019

Sebi eases FPI norms, approves changes in rules prohibiting insider trading

The easing of FPI norms comes at a time when overseas investors have pulled out over $3 billion from the domestic markets since the Union Budget

Samunnati raises $5 million from Dutch Development Bank, FMO

The investment was made through MASSIF, a Dutch government fund managed by FMO

NCD fundraising surges seven-fold to Rs 290 bn during April-Sept in FY19

Kosamattam Finance has taken the route twice to garner funds

Fund-raising via NCD drops 24% to Rs 29,328 cr in FY17

NCDs are loan-linked bonds that cannot be converted into stock

Companies raise Rs 29,000 crore via NCDs in FY17 so far

In FY16, firms had mobilised Rs 38,812 crore through the route