Looking for 12% interest in Debenture programs? ICFC Finance to offer solution with its 2 lakh unit Debentures soon; becomes pioneer Class C BFI to issue Debenture in Nepal
Mon, Aug 26, 2019 6:39 AM on Bonds & Debentures, Corporate, Featured,
ICFC Finance has appointed Global IME Capital as issue manager to float its 2 lakh unit Debenture worth of Rs 20 crore.
The debenture program will have a maturity period of 7 years and will give an interest yield of 12% that is payable semi-annually.
ICFC Finance becomes the first BFI apart from the class A commercial banks to issue debentures to the general public.
