India’s Satin Creditcare plans Rs. 337.45 million sale of debentures

By Susanna Moon

Chicago, May 31 – Satin Creditcare Network Ltd. notified the Bombay Stock Exchange that it plans to issue Rs. 337,445,000 of unsecured debentures in a private placement.

The company’s board of directors has approved issuing up to Rs. 3 billion of debentures at its meeting held last Friday, according to a notice.

Satin is a New Delhi-based non-banking finance company.

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