Edelweiss Financial Services Limited — Updates, 07-04-2025: Press Release

Edelweiss Financial Services Limited has announced a public issue of Secured Redeemable Non-Convertible Debentures (NCDs) amounting to ₹ 2,000 million. The issue comprises a base size of ₹ 1,000 million, with a green shoe option of an additional ₹ 1,000 million. Effective annual interest yields range from 9.50% to 11.00%, with a credit rating of Crisil A+/Stable. The NCDs will be available in twelve series, with varying tenures of 24, 36, 60, and 120 months. The issue opens on April 8, 2025, and closes on April 24, 2025. Funds raised will primarily be directed towards repaying existing borrowings, while a smaller portion may be used for general corporate objectives. This offering provides an attractive investment opportunity, especially given the relatively high yield compared to traditional fixed income options, supporting a positive outlook for potential investors.