By Sarah Lizee
Olympia, Wash., Nov. 25 – IndoStar Capital Finance Ltd. informed the Bombay Stock Exchange that the debenture committee of its board of directors approved an allotment of Rs. 250 million of 9¾% secured redeemable nonconvertible debentures due 2024.
The 250 series XXXIV debentures are being issued at par on a private placement basis.
IndoStar Capital is a Mumbai-based non-banking financial credit company.
| Issuer: | IndoStar Capital Finance Ltd.
|
| Issue: | Secured redeemable nonconvertible debentures
|
| Amount: | Rs. 250 million
|
| Maturity: | Oct. 25, 2024
|
| Coupon: | 9¾%
|
| Price: | Par
|
| Distribution: | Private placement
|
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