By Susanna Moon
Chicago, Jan. 24 – Thomas Cook (India) Ltd. notified the Bombay Stock Exchange that subsidiary Quess Corp Ltd. allotted Rs. 1.5 billion of 8¼% secured redeemable debentures in a private placement.
The issuer has allotted 1,500 of the debentures with a face value of Rs. 1 million each, according to the notice.
Thomas Cook (India) is a tour and travel operator based in Mumbai.
| Issuer: | Quess Corp Ltd., subsidiary of Thomas Cook (India) Ltd.
|
| Issue: | Secured redeemable debentures
|
| Amount: | Rs. 1.5 billion
|
| Coupon: | 8¼%
|
| Announcement date: | Jan. 24
|
| Rating: | ICRA Ltd.: AA-
|
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