Funding and debt● Neutral for Mahindra & Mahindra Financial Services

Mahindra & Mahindra Financial Services raises Rs 1250 cr via NCDs

1 source · first seen 14:31 29 Sept · updated 14:31 29 Sept

The brief

Written from 1 report · check the source before you trade

Mahindra & Mahindra Financial Services raised ₹1,250 crore through NCDs
The issue comprised a ₹1,000 crore base issue and ₹250 crore greenshoe subscription
The borrowing adds funding for Mahindra Finance; investors are exposed to its credit and debt costs

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1 report · earliest 14:31