9.25% PAISALO DIGITAL LIMITED 18/Sep/2028
Paisalo Digital Limited has issued Non-Convertible Debentures (NCDs) worth Rs 510 crore through a private placement. The company will use the proceeds to support its loan portfolio expansion, particularly in the MSME sector.
Paisalo Digital Limited issued 51,000 NCDs with a face value of Rs 10,000 each. The debentures have a 9.25% annual coupon rate and mature on September 18, 2028. The company will use the funds to expand its loan portfolio. Paisalo Digital recently completed its maiden External Commercial Borrowing transaction, raising USD 15 million. The company's share price is currently Rs 32.98 on the NSE. Paisalo Digital has a market cap of around Rs 2,990 crore and is a prominent player in the NBFC industry.
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