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Published on 3/14/2017 in the Prospect News Emerging Markets Daily.

New Issue: Capital First issues Rs. 750 million 8.41% three-year debentures

By Susanna Moon

Chicago, March 14 – India’s Capital First Ltd. notified the Bombay Stock Exchange that it had allotted Rs. 750 million of 8.41% three-year secured redeemable debentures with an over-allotment option for another Rs. 1.25 billion.

The issue was approved at a board meeting held Tuesday, according to the company announcement.

Capital First is a Mumbai-based consumer and wholesale business financial services provider.

Issuer:Capital First Ltd.
Issue:Secured redeemable debentures
Amount:Rs. 750 million
Greenshoe:Rs. 1.25 billion
Maturity:March 13, 2020
Coupon:8.41%
Allotment date:March 14

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