Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers I > Headlines for IndoStar Capital Finance Ltd. > News item |
IndoStar approves Rs. 2.3 billion debentures; Rs. 500 million buyback
By Wendy Van Sickle
Columbus, Ohio, May 6 – IndoStar Capital Finance’s debenture committee on Friday approved issuing Rs. 2.5 billion of secured redeemable debentures and buying back Rs. 500 million of the company’s tranche VI secured redeemable non-convertible debentures, according to a notice filed with the Bombay Stock Exchange.
The newly approved debenture issues include Rs. 2.3 billion of series XV debentures to be listed on the wholesale debt market segment of the exchange and Rs. 200 million of unlisted series XVI debentures. Each series may be issued by private placement in one or more tranches.
IndoStar is a non-banking financial company based in Mumbai.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.