A high interest rate regime seems to be affecting the companies' appetite for raising capital through private placement of debt securities or bonds, as the quantum of such funds dropped by 12 per cent in the first half of the current fiscal. According to data compiled by Prime Database, Indian firms mopped-up Rs 1,02,590 crore through 96 debt private placements during April-September period of current fiscal, down from Rs 1,16,524 crore mobilised in the year-ago period.
Source : Economic Times
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