Motilal Oswal Financial Services secures Rs 900 crore through a private placement of senior bonds Back

<p>Motilal Oswal Financial Services Limited announced that its Finance Committee approved the allotment of 90,000 fully paid, secured, rated, redeemable, listed, senior bonds in the nature of non-convertible debentures with a face value of Rs 1,00,000 each, aggregating to Rs 900 crore. The debentures, issued through a private placement, are proposed to be listed on the National Stock Exchange of India Limited and will mature on October 25, 2029.</p>