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