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Published on 11/29/2017 in the Prospect News Emerging Markets Daily.

India’s Capital First board OKs Rs. 2.15 billion nonconvertible debt

By Sarah Lizee

Olympia, Wash., Nov. 29 – Capital First Ltd. informed the Bombay Stock Exchange that the debenture committee of its board of directors approved an Rs. 2.15 billion private placement of secured redeemable nonconvertible debentures.

The debt will be rated and listed on National Stock Exchange of India Ltd.

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


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