Regency Fincorp Receives 'IVR BBB/Stable' Rating from Infomerics for Proposed NCD Issuance
Regency Fincorp Limited, a non-banking financial company (NBFC), announced that Infomerics Valuation and Rating Limited has assigned an 'IVR BBB/Stable' credit rating to the Company's proposed Non-Convertible Debentures (NCDs) and Proposed Fund Based Banking Facility. The rating also included an upgrade for existing NCD instruments previously issued by the firm.The proposed Non-Convertible Debenture issuance, which amounts to ₹100 crore, received this credit rating from Infomerics Valuation and Rating Limited, a SEBI-registered credit rating agency.A detailed breakdown of the rating assignment is provided below:InstrumentAmount (Rs...