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Home Renewable

Refex Renewables Launches ₹1.05 Billion NCD Offering

Urja Daily by Urja Daily
December 26, 2024
in Renewable
Reading Time: 1 min read
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Refex Renewables & Infrastructure Limited has issued 105 senior, secured, unrated, unlisted, and taxable non-convertible debentures (NCDs) through private placement.

These NCDs, with an aggregate value of Rs 1.05 billion, have been allotted to the Northern Arc Emerging Corporates Bond Trust. The NCDs were issued through private placement and have a tenure of 20 months from the date of allotment, starting on December 23, 2024, and maturing on July 30, 2026. They carry an interest rate of 14.25 percent per annum, with interest payable monthly.

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Tags: DebenturesInfrastructure LimitedNCDRefex Renewables
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