By Tali Rackner
Norfolk, Va., June 13 – Capital First Ltd. informed the Bombay Stock Exchange that it allotted Rs. 120 million of secured non-convertible debentures in two tranches at a price of Rs. 1 million each.
The issue includes 9.05% three-year notes and 9.1% seven-year notes.
The notes, which will be rated and listed, were issued in a private placement, according to a notice.
The issue was approved at board meeting held Monday.
Capital First is a Mumbai-based consumer and wholesale business financial services provider.
| Issuer: | Capital First Ltd.
|
| Issue: | Secured non-convertible debentures
|
| Amount: | Rs. 120 million
|
| Allotment date: | June 13
|
|
|
| Tranche 1
|
| Maturity: | June 13, 2019
|
| Coupon: | 9.05%
|
|
|
| Tranche 2
|
| Maturity: | June 13, 2023
|
| Coupon: | 9.1%
|
|
|
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