Aditya Birla Capital raises $20M in subordinated debt via private placement
What's the deal? Aditya Birla CapitalDealroom has a profile for this one. Try Dealroom → has raised US$260.7M through a private placement of 19,200 unsecured, subordinated non-convertible debentures (NCDs). The debentures were allotted to identified investors on September 23, 2026.
The terms: Each debenture carries a face value of US$1.36K and a coupon of 8.0668% per annum, paid semi-annually. The notes mature on April 30, 2036, after a tenor of 3,653 days, with the principal redeemed at face value.
Where they trade: The debentures are listed on both BSEDealroom has a profile for this one. Try Dealroom → and the National Stock Exchange of IndiaDealroom has a profile for this one. Try Dealroom →. They are rated, taxable, and redeemable.
The signal: Subordinated NCDs let non-bank lenders raise long-dated capital without diluting shareholders, and remain a staple funding tool for India's financial firms tapping domestic debt markets.
Read more: investywise.com
Image credit: Niyantha
