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Prospect News home > News index > List of issuers I > Headlines for IndoStar Capital Finance Pvt. Ltd. > News item
Published on 1/7/2014 in the Prospect News Emerging Markets Daily.

IndoStar raises Rs. 500 million through redeemable debentures offering

By Tali David

Minneapolis, Jan. 7 - IndoStar Capital Finance Pvt. Ltd. informed the Bombay Stock Exchange that it has raised Rs. 500 million in its private placement of secured redeemable nonconvertible debentures.

The issue is comprised of Rs. 150 million of series A zero-coupon nonconvertible debentures and Rs. 350 million of series B 11.7% debentures.

IndoStar is a non-banking financial company based in Mumbai, India.


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