By Angela McDaniels
Tacoma, Wash., Jan. 17 – Capital First Ltd. allotted Rs. 5 billion of 8.35% three-year secured redeemable nonconvertible debentures on Tuesday, according to a letter to the Bombay Stock Exchange.
The debentures, which will be rated and listed, were approved by the board of directors on Tuesday and issued in a private placement.
Capital First is a Mumbai-based consumer and wholesale business financial services provider.
| Issuer: | Capital First Ltd.
|
| Issue: | Secured redeemable nonconvertible debentures
|
| Amount: | Rs. 5 billion
|
| Maturity: | Jan. 17, 2020
|
| Coupon: | 8.35%
|
| Allotment date: | Jan. 17
|
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