Home Deal digest Edelweiss blooms with masala bonds

Edelweiss blooms with masala bonds

26 December 2016

1378

ECL Finance has completed its debut overseas issue of ₹5.02 billion (US$75 million) in 9.05% rupee-denominated US dollar-settled senior secured notes, known as masala bonds. The unrated bonds are proposed to be dual listed on the Singapore Exchange and the Stock Exchange of Mauritius.

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