India’s Future Retail issues Rs. 500 million 10.10% debentures

Columbus, Ohio, April 28 – Future Retail Ltd’s board of directors on Tuesday approved and allotted a Rs. 500 million issue of 10.10% secured, redeemable, non-convertible debentures.

The issue, made up of 500 debentures at Rs. 1 million each, was on a private placement basis, according to a notice posted with the Bombay Stock Exchange.

The debentures will be listed on the wholesale debt market segment of BSE Ltd.

Future Retail is a multi-format retailer based in Mumbai.

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