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CreditAccess Grameen raises Rs 214 cr

Capital Market 

By way of private placement of NCDs

CreditAccess Grameen announced that the Executive, Borrowings and Investment Committee at their Meeting held on 05 November 2019, finalized the terms of issue of Unlisted, unrated, senior secured, redeemable, transferable Non-Convertible Debentures of Rs. 10 lakh each aggregating to Rs. 214 crore to Nederlandse Financierings Maatschappij Voor Ontwikkelingslanden N.V. (FMO) on preferential basis.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 05 2019. 10:37 IST
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