Avenue Supermarts Limited has successfully completed the issuance of Commercial Paper (CP) worth ₹200 crores. The instrument carries a tenure of 90 days, with allotment on August 20, 2026, and maturity on November 18, 2026. The CP offers a coupon rate of 6.50%, indicating successful short-term debt financing for the company.
Commercial Paper Issuance Completed
Avenue Supermarts Limited has announced the successful allotment of Commercial Paper (CP) amounting to ₹200 crores. This action is in line with the company’s ongoing financial strategies and regulatory disclosures.
Key Details of the Issuance
The Commercial Paper instrument has a tenure of 90 days. The allotment date for this issuance was August 20, 2026, with the maturity date set for November 18, 2026. The company has secured this funding at a coupon rate of 6.50%, with the principal payment scheduled for the maturity date.
Instrument Characteristics
The Commercial Paper is classified as unsecured. The credit rating for this instrument is ICRA A1+, signifying a high degree of creditworthiness. There are no special rights, interests, or privileges attached to this instrument, and no delays in payment of interest or principal are anticipated, as indicated by the ‘Not Applicable’ status for relevant sections.
Source: BSE
