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India’s Capital First issues Rs. 2.5 billion of secured debentures
By Angela McDaniels
Tacoma, Wash., Sept. 30 – Capital First Ltd. issued Rs. 2.5 billion of secured redeemable debentures on a private placement basis, according to a letter to BSE Ltd. and National Stock Exchange of India Ltd.
The rated and listed debentures were approved by the board of directors on Friday and will be listed on the National Stock Exchange of India.
Capital First is a Mumbai-based consumer and wholesale business financial services provider.
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