SMC Global Securities Gets Board Nod for INR7.5 Billion Bond Issue

MT Newswires Live

03/19

Financial services provider SMC Global Securities (NSE:SMCGLOBAL, BOM:543263) said its board approved the prospectus for a public issuance of secured, rated, listed, redeemable, non-convertible debentures.

The base issue size is 7.5 billion Indian rupees, with an option to retain oversubscription up to 7.5 million rupees under the green shoe option, according to an Indian bourse filing on Wednesday.

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