Announced Tue, 30 Jun · 10:46 IST
MAS Financial allots INR 150 Crore NCDs at 8.90 percent coupon
Fund Raising View source PDF
MASFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹312.00
prior close
₹309.80
base price
In-mkt
timing
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+0.2-0.1+0.7+1.4-0.7+2.2+3.0+3.1+3.2+1.9+2.9———
Up moveDown movePending
AI summary
MAS Financial Services has allotted 15,000 secured NCDs on private placement, raising INR 150 Crore. Face value INR 1 lakh each, 48 month tenure maturing June 2030. Coupon of 8.90 percent annually (IDFC First Bank benchmark plus 115 bps spread), paid monthly. Principal paid semi-annually. Rated ACUITE AA stable. Secured by 1.1 times asset cover on book debts. To list on BSE wholesale debt segment.
Likely market impact
Raises INR 150 Crore for lending growth without equity dilution. AA rating reflects strong credit quality. Bondholders get first charge on loan assets.