BSENexus Select TrustMediumNeutral
Announced Mon, 27 Jul · 16:24 IST
Nexus Select Trust allots INR 150 Cr commercial papers at 6.85 percent discount
Fund Raising View source PDF
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Manager Nexus Select Mall Management approved allotment of 3000 commercial paper units worth INR 5 lakh each, totalling INR 150 Crores. Issued at 6.85 percent discount for 59 days, maturing September 24, 2026. Private placement basis in demat form, to be listed on BSE wholesale debt segment.
Likely market impact
Short-term debt raise of INR 150 Cr at 6.85 percent for 59 days. Routine treasury move; minimal impact on unit price or distributions.