Published on 9/29/2016 in the Prospect News Emerging Markets Daily.
New Issue: India’s Capital First allots Rs. 2.5 billion 3-year, 8.65% debentures
By Wendy Van Sickle
Columbus, Ohio, Sept. 29 – Capital First Ltd. approved the allotment of Rs. 2.5 billion of three-year 8.65% secured redeemable nonconvertible debentures on Thursday, according to a Bombay Stock Exchange notice.
The debentures will be issued in a private placement and will be listed on the National Stock Exchange of India Ltd.
Capital First is a Mumbai, India-based consumer and wholesale business financial services provider.
| Issuer: | Capital First Ltd.
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| Issue: | Secured redeemable nonconvertible debentures
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| Amount: | Rs. 2.5 billion
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| Maturity: | Sept. 30, 2019
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| Coupon: | 8.65%
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| Allotment date: | Sept. 30
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