Religare Enterprises to raise Rs 300cr via issue of NCD

Religare Enterprises is proposing to raise Rs 300 cr including a green shoe option of Rs 150 cr through issuance of NCD on private placement basis. India Rating & Research Private Limited has assigned AA- (outlook negative) rating to the proposed NCD issue. The issue will open on March 28, 2013.

March 26, 2013 / 15:13 IST

Religare Enterprises Ltd has informed BSE that the Company is proposing to raise Rs. 300 crores including a green shoe option of Rs. 150 crores through issuance of NCD on private placement basis.Further, India Rating & Research Private Limited has assigned AA- (outlook negative] rating to the proposed NCD issue.The Company will open the issue of the above mentioned Debt Securities on March 28, 2013.Source : BSE

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first published: Mar 26, 2013 03:13 pm

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