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Prospect News home > News index > List of issuers M > Headlines for Manappuram Finance Ltd. > News item
Published on 9/1/2016 in the Prospect News Emerging Markets Daily.

India’s Manappuram sells Rs. 2 billion of secured redeemable notes

By Wendy Van Sickle

Columbus, Ohio, Sept. 1 – Manappuram Finance Ltd. notified the Bombay Stock Exchange that it sold Rs. 2 billion of secured redeemable debentures due Dec. 20, 2018.

The company issued 2,000 secured redeemable notes with a face value of Rs. 1 million each in a private placement, with allotment on Aug. 31, according to the notice.

The non-banking finance company is based in Thrissur, India.


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