BSERegency Fincorp LtdMediumNeutral
Announced Fri, 19 Jun · 11:23 IST

Regency Fincorp allots 15 Crore 13% NCDs via private placement

Ncd High Yield 12pctFund Raising View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+2.3%1-day move
₹37.24
prior close
₹37.90
base price
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AI summary

Regency Fincorp allotted 15,000 secured listed NCDs at 13 percent coupon via private placement, raising 15 Crores from two investors (Infixin Technologies and Eshiruss Financial Consultants). Face value Rs 10,000 each, 30 month tenor with monthly interest payments and principal repaid in tranches of 30 percent, 30 percent, and 40 percent. Secured by 1.35x exclusive charge on receivables. Maturity December 2028.

Likely market impact

Raises 15 Crore debt at high 13% rate, adding interest burden but providing growth capital for the NBFC business.