L&T Finance drops $114M bond while AU Bank cuts capital requirements by 3.5%
Key Points
- L&T Finance is borrowing $114 million through a 10 billion r...
When a company decides to borrow $114 million through bonds, it's basically the corporate equivalent of taking out a really fancy loan - except instead of going to one bank, they're asking thousands of investors to chip in. That's exactly what L&T Finance announced today with their 10 billion rupee bond offering, complete with a maturity of two years and seven months.
The Bond Market's New Player
L&T Finance isn't just testing the waters here - they've gone full commitment mode with both base and greenshoe options. Think of the greenshoe as the financial world's version of "super-sizing ...
While we have taken every measure to build an AI pipeline that generates credible and accuracte news, we still encourage you to conduct your own research before making investment decisions. InsAIght's content should not be considered professional financial or trading advice.