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