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Prospect News home > News index > List of issuers Tenders > Headlines for 2014 > News item
Published on 11/7/2014 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

India's Golden Goenka redeems its Rs. 500 million 12¾% debentures

By Tali Rackner

Norfolk, Va., Nov. 7 – Golden Goenka Fincorp Ltd. informed the Bombay Stock Exchange that it has redeemed its Rs. 500 million of 12¾% rated secured taxable redeemable nonconvertible debentures due March 6, 2017.

Following noteholder approval on June 17, the 500,000 securities were redeemed at Rs. 1,000 each plus accrued interest to the redemption date.

Formerly Golden Securities Ltd., Golden Goenka is a private investment banking company based in Kolkata, India.


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