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Published on 7/14/2017 in the Prospect News Emerging Markets Daily.

New Issue: India’s Capital First sells Rs. 3 billion of 8¼% five-year debentures

By Susanna Moon

Chicago, July 14 – Capital First Ltd. allotted Rs. 3 billion of 8¼% five-year secured redeemable debentures with an over-allotment option for another Rs. 3 billion.

The issue was approved at a board meeting on Friday, according to a Bombay Stock Exchange notice.

The debentures are rated and listed.

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

Issuer:Capital First Ltd.
Issue:Secured redeemable non-convertible debentures
Amount:Rs. 3 billion
Greenshoe:Rs. 3 billion
Maturity:July 14, 2022
Coupon:8¼%
Allotment date:July 14

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