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India’s Capital First board to approve issue of nonconvertible debt
By Tali Rackner
Minneapolis, June 12 – Capital First Ltd. informed the Bombay Stock Exchange that its board of directors will meet on Thursday to approve an issue of secured/unsecured/perpetual redeemable nonconvertible securities.
The debentures, which will be rated and listed, will be issued in a private placement.
The debt 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.
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