India’s Capital sells Rs. 500 million secured redeemable debentures

By Susanna Moon

Chicago, June 27 – Capital First Ltd. said it raised Rs. 500 million from the issue of secured redeemable debentures through a private placement.

The company approved the allotment of 500 debentures with a face value of Rs. 1 million each, according to the notice.

The notes will be rated and listed on the debt market segment of the National Stock Exchange of India Ltd.

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

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