"12% ICFC Finance Debenture 2083" issue closes from today; Interested investor can apply till banking hour

Fri, Feb 28, 2020 9:41 AM on Bonds & Debentures, Latest,
"12% ICFC...

ICFC Finance Limited (ICFC) is closing the issue of 2 Lakh units of debentures at par value of Rs.1000 per unit from today (Falgun 16, 2076). This issue was open from Falgun 13, 2076. The interested investors are requested to apply till banking hour today.

The total value of "12% ICFC Finance Debenture 2083" is Rs.20 Crore and will provide 12% interest. The debentures will mature in 7 years i.e. 2083. Out of the total units, 80,000 units (40% of the issue) is for the general public while 120,000 units (60% of the issue) will be privately placed. Similarly, 5% of debenture issued for the general public i.e 4,000 units is reserved for Mutual Funds.

Global IME Capital Limited has been appointed as the issue manager.

Interested applicants can apply for a minimum of 25 units or a maximum of 76,000 units.

Also read: "12% ICFC Finance Debenture 2083" opens application from Falgun 13, 2076; Find the information you need to make your decision

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