JSW Paints completes ₹3,300 crore NCD issuance
pre-market1 source ↓written by the desknot a recommendation
- in listed
- ₹3,300 crore
JSW Paints Limited has successfully issued ₹3,300 crore in listed, rated, unsecured, redeemable non-convertible debentures (NCDs). The NCDs, rated AA- with a stable outlook by ICRA, attracted subscriptions from major banks including MUFG Bank and JP Morgan Chase. This issuance marks a significant step for JSW Paints in capital raising.
Not investment advice. For informational purposes only.