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19-Sep2016

IDFC issues Commercial Papers amounting Rs 700 crore

IDFC has issued Commercial Papers for an aggregate amount of Rs 700 crore on September 12, 2016 having maturity date of September 29, 2016 which has been rated as 'A1+' by ICRA. Instruments with the aforesaid rating are considered to have a strong degree of safety regarding timely payment of financial obligations and such instruments carry lowest credit risk. The aggregate amount of Commercial Paper outstanding as on date is Rs 700 crore.

IDFC is the country's leading integrated infrastructure finance player providing end to end infrastructure financing and project implementation services.



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