SREI Infrastructure Finance Non-Convertible Debentures (NCD) is offering effective yields of 11.50% and 11.75% per annum for three and five year tenure respectively.
SREI’s Rs. 250 crore secured redeemable non-convertible debentures (NCD) issue has opened for subscription from September 29. The issue closes on October 31. The company has allocated 60% of total NCDs to retail investors and 20% each to HNIs and institutional investors.
Effective yield and Maturity: