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Prospect News home > News index > List of issuers I > Headlines for IndoStar Capital Finance Pvt. Ltd. > News item
Published on 5/29/2014 in the Prospect News Emerging Markets Daily.

IndoStar board approves raising Rs. 1.49 billion non-convertible debt

By Tali Rackner

Norfolk, Va., May 29 - IndoStar Capital Finance Pvt. Ltd. informed the Bombay Stock Exchange that its board met on Thursday and approved the issue of secured redeemable non-convertible debentures at par for an aggregate amount of Rs. 1.49 billion.

The debentures will be issued in one or more tranches on private placement basis.

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


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