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CreditAccess Grameen raises ₹300 crore via NCD private placement

CreditAccess Grameen Ltd said it successfully raised ₹300 crore through a private placement of non-convertible debentures (NCDs). The issue was fully subscribed and bilaterally placed with Barclays Bank PLC.

CREDITACC

Microfinance lender CreditAccess Grameen Ltd on Thursday (September 3) said it has successfully raised ₹300 crore through a private placement of non-convertible debentures (NCDs).

The issue was fully subscribed and bilaterally placed with Barclays Bank PLC, a qualified institutional buyer.The compa…