By Susanna Moon
Chicago, Aug. 28 – India’s Religare Enterprises Ltd. notified the Bombay Stock Exchange that it issued Rs. 300 million of zero-coupon unsecured redeemable debentures.
The debentures were issued by way of private placement with an 11% yield.
Based in New Delhi, Religare is a non-banking finance company.
| Issuer: | Religare Enterprises Ltd.
|
| Issue: | Unsecured redeemable debentures
|
| Amount: | Rs. 300 million
|
| Maturity: | 15 months
|
| Coupon: | 0%
|
| Yield: | 11%
|
| Pricing date: | Aug. 28
|
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