JSW Infrastructure Raises INR10 Billion Through Allotment of Commercial Papers

MT Newswires Live
17 Apr

JSW Infrastructure (NSE:JSWINFRA, BOM:543994) has raised 10 billion Indian rupees through the issue and allotment of commercial papers, according to a Wednesday filing to the Indian stock exchanges.

The company allotted commercial papers of face value of 500,000 rupees each at a discount of 7.10% per annum, with a issue price of 484,177.50 rupees each.

The commercial papers have a yield rate of 6.88% per annum and are scheduled to mature on Sept. 30.

Price (INR): ₹306.05, Change: ₹-0.45, Percent Change: -0.15%

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