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Published on 12/16/2019 in the Prospect News Emerging Markets Daily.

New Issue: India’s QGO Finance sells Rs. 100 million of 12% debentures due 2026

By Sarah Lizee

Olympia, Wash., Dec. 16 – QGO Finance Ltd. informed the Bombay Stock Exchange that issued Rs. 100 million of 12% nonconvertible debentures due 2026.

The tranche VI debentures were issued on a private placement basis, according to the notice.

The company said that Rs. 300 million of the debentures have already been allotted, and Rs. 600 million are pending allotment.

QGO, formerly known as Parnami Credits Ltd., is a Mumbai-based financial services provider.

Issuer:QGO Finance Ltd.
Issue:Tranche VI nonconvertible debentures
Amount:Rs. 100 million
Maturity:Dec. 15, 2026
Coupon:12%
Allotment date:Dec. 16

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