Subash coaches Ltd. is a large creditworthy company that manufactures coaches for the Government organization. It now
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Question:
Subash coaches Ltd. is a large creditworthy company that manufactures coaches for the Government organization. It now wants to export these coaches to other countries and decides to invest in new hi-tech machines. Since the investment is large, it requires long-term finance. It decides to raise funds by issuing equity shares. The issue of equity shares involves huge floatation costs. To meet the expenses of floatation cost, the company decides to tap the money market. Explain the money market instrument which company can use? Give the duration for which the company can raise the funds and through which instrument?
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