Description
BSE lists new debt securities of Magnetron Aug 2025 with 11.50% interest rate and monthly payment schedule.
Summary
BSE has listed new debt securities of Magnetron Aug 2025 issued on private placement basis, effective September 3, 2025. Two series of securities with identical terms are now available for trading on the BSE Debt segment.
Key Points
- Two debt security series listed: MA2025-11.50%-28-07-28-PTC
- Face value: Rs. 10,000 per security
- Interest rate: 11.50% per annum with monthly payments
- Quantity: 4,690 securities for each series
- Credit rating: ICRA A(SO)
- Securities traded only in dematerialized form
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Securities must be traded under specified ISIN numbers
- Refer to Placement Memorandum for additional details
Important Dates
- Date of Allotment: August 29, 2025
- Trading Start Date: September 3, 2025
- Date of Redemption: July 28, 2028
- Interest Payment: Monthly
Impact Assessment
Minimal market impact as this involves routine listing of private placement debt securities. The securities include call options and provide monthly interest payments to investors. Trading members can contact BSE debt department for clarifications.
Impact Justification
Routine debt security listing with no market-wide implications