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UGRO Capital Allots EUR 10 Million in Bonds to Boost Financial Flexibility

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UGRO Capital Allots EUR 10 Million in Bonds to Boost Financial Flexibility

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Ugro Capital Limited ( (IN:UGROCAP) ) just unveiled an announcement.

UGRO Capital Limited has announced the allotment of senior, unsecured, EUR-denominated non-convertible redeemable bonds through a private placement. The issuance, totaling EUR 10 million, is set to mature in December 2030 and will carry an annual interest rate of 6%. This move is expected to enhance the company’s financial flexibility and strengthen its position in the capital markets.

More about Ugro Capital Limited

UGRO Capital Limited operates in the financial services industry, focusing on providing capital solutions. The company specializes in offering various financial products and services, including bonds and other investment instruments, to cater to diverse market needs.

Average Trading Volume: 19,762

Technical Sentiment Signal: Sell

Current Market Cap: 19.78B INR

For an in-depth examination of UGROCAP stock, go to TipRanks’ Overview page.

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