Latest Satin Creditcare Network News
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Business Standard
Satin Creditcare board to mull NCD issue on Sep 20
Satin Creditcare Network informed that a meeting of its board is scheduled to be held on Friday, 20 September 2024 to consider the fund raising proposal by way of issuance of non-convertible bonds (NCDs).
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Wed, Sep 18, 2024
The Economic Times
Satin Creditcare Network to raise $5 million in bonds with 11.32% all-inclusive cost
Satin Creditcare Network plans to raise $5 million through bonds at an all-inclusive cost of 11.32%. The bonds, maturing in 36 months, will be issued on September 25 with a coupon rate of 7.9% linked to SOFR. Interest is payable semi-annually. Last week, the company raised Rs 120 crore in a securitization deal with HSBC India.
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Wed, Sep 11, 2024
The Economic Times
Satin Creditcare Network raises Rs 120 cr in a securitization deal with HSBC India
The transaction was concluded with a coupon rate of 9.30%, the company said Wednesday. The deal involved issuance of pass-through certificates (PTC) for an exact amount of Rs 119.12 crore.
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Wed, Sep 4, 2024
