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India’s Capital First board to consider issue of nonconvertible debt
By Tali Rackner
Minneapolis, Feb. 15 – Capital First Ltd. informed the Bombay Stock Exchange that the debenture committee of its board of directors will meet on Feb. 21 to consider and approve a private placement of redeemable nonconvertible debentures.
The rated and listed securities will be secured, unsecured and/or perpetual.
The debt will be listed on the debt market segment of 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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