India’s Mahindra sells Rs. 10 billion of subordinated redeemable notes

By Susanna Moon

Chicago, June 6 – Mahindra & Mahindra Financial Services Ltd. notified the Bombay Stock Exchange that it raised Rs. 10 billion of unsecured subordinated redeemable debentures.

The debentures were sold through a pubic offering, according to a notice.

Mahindra is a subsidiary of Mahindra & Mahindra Ltd., a Mumbai-based manufacturer of tractors and light commercial vehicles.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.