The tenor of the loan is likely to be five years. It may be priced 110-120 basis points above the Secured Overnight Financing Rate (SOFR), the benchmark that replaced Libor. The deal is expected to be sealed in the next few weeks.
Clear Secured Services is set for its market debut on December 8 following a successful ₹85.60 crore IPO, which saw strong investor demand. The integrated
Speb Adhesives is set to debut on the NSE SME on December 8, following a moderately subscribed IPO. The company, a manufacturer of solvent-based synthetic
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