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Prospect News home > News index > List of issuers I > Headlines for IndoStar Capital Finance Ltd. > News item
Published on 8/13/2015 in the Prospect News Emerging Markets Daily.

India’s IndoStar Capital raises Rs. 2.75 billion in debenture issue

By Wendy Van Sickle

Columbus, Ohio, Aug. 13 – IndoStar Capital Finance Ltd. issued Rs. 2.75 billion of rated, secured, redeemable nonconvertible debentures in three tranches on private placement basis, according to a notice with the Bombay Stock Exchange.

The debentures included Rs. 1.25 billion of tranche A debentures, Rs. 1 billion of tranche B debentures and Rs. 500 million of tranche C debentures, all with a face value of Rs. 10 million each.

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


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