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Cholamandalam Invetsment planning to issue masala bonds

12 Dec 2017 Evaluate

Cholamandalam Investment and Finance Company is planning to issue masala bonds in the nature of non-convertible debentures on a private placement basis. The meeting of the Board of Directors of the Company is scheduled to be held on December 20, 2017, to consider and approve the same.

Cholamandalam Investment and Finance Company is among the top 5 NBFC’s in the country operating in vehicle finance, home equity, corporate and mortgage finance segments with subsidiaries in the broking and wealth advisory space.

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