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Corporate Funding |
Corporate Funding
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History Team Partners |
Commercial Paper (CP)
What are
CPs? Commercial
Paper (CP) is an unsecured, short term, working capital funding, issued in
the form of Promissory Notes. The
maturity period is a minimum of 15 days and a maximum of one year. Who is Eligible? Large Corporates, whose net worth is above Rs.4 Cr
and whose credit rating is P-2 of CRISIL and above or equivalent, alone are eligible to issue CP. Who can subscribe? Individuals, Banking companies, corporate bodies,
FII, etc can subscribe to CPs. Maximum Interest Rates The CPs are issued at a discount to the face value and redeemed
at face value. The quantum of
discount is determined by the issuer depending on money market conditions, prevailing
interest rates, etc. End use Since the CPs are short term instruments, the proceeds
can be utilized only to meet working capital requirements or other short term
funding requirements. Minimum Size of CPs we can
support We can support good proposals with a minimum size of Rs.50 Cr
and above. Contact us immediately,
our team of highly qualified and experienced professionals will be glad to
assist you through the entire process!
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Professionals
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Tel: 0124-4386541,
4105424; Cell: P.Anand (Director)
09312636681, Suresh Sharma (Sr. Associate) 09310636681. anand @ acebuiss.com / sales @ acebuiss.com SERVICE, ANYWHERE IN
INDIA, AT YOUR DOORSTEP |
Pioneers
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