By Tali Rackner
Minneapolis, June 4 – IndoStar Capital Finance Ltd. informed the Bombay Stock Exchange that the debenture committee of its board of directors approved and allotted Rs. 1 billion of 9.2% secured redeemable non-convertible debentures due 2019.
The 1,000 series XXVIII debentures were issued on a private placement basis.
The debentures will be listed on the wholesale debt market segment on the BSE Ltd.
IndoStar Capital is a Mumbai-based, non-banking financial credit company.
| Issuer: | IndoStar Capital Finance Ltd.
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| Issue: | Secured redeemable rated unlisted non-convertible debentures
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| Amount: | Rs. 1 billion
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| Tenor: | 395 days
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| Maturity: | June 15, 2019
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| Coupon: | 9.2%
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| Allotment date: | June 4
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