AK capital raises Rs 100 cr via bonds

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New Delhi, Feb 14 (UNI) AK Capital Services Ltd today said it has raised Rs 100 crore through an issue of bonds to Punjab&Sind Bank through private placement route.

The issue opened yesterday and has been rated 'LAA' by ICRA and 'AA-/Stable' by CRISIL, said a statement.

The bonds have a tenure of 123 months at a rate of 9.10 per cent.

UNI PBB SG DB1346

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