Repco Home Finance has informed that the Company proposes to raise Rs 100 crore by issue of Secured, Redeemable, Non-Convertible Debentures (SRNCD), subject to the approval of the Securities Allotment Committee of the Board and the proposal will be circulated to the Committee for its consideration. The terms and conditions of the issue are: Issue Size - Rs 100 crore, Mode of Issue -Private Placement, Tenor - 35 months, Coupon - Annual (8.20%), Rating of the Instrument - CARE AA, Secured/Unsecured - Secured by book debts and pari-passu charge on immovable property, Listing - BSE.
The above information is a part of company’s filings submitted to BSE.
