By Sarah Lizee
Olympia, Wash., March 27 – Capital First Ltd. informed the Bombay Stock Exchange that its debenture committee met on Tuesday to issue Rs. 10 billion of 8.8% secured redeemable nonconvertible debentures with a greenshoe for up to Rs. 5 billion in two parts.
The option 1 debentures will mature on March 23, 2020, and the option 2 debentures will mature March 23, 2021.
The rated debentures will be listed on the debt segment of the National Stock Exchange of India Ltd.
Capital First is a Mumbai, India-based consumer and wholesale business financial services provider.
| Issuer: | Capital First Ltd.
|
| Description: | Secured redeemable nonconvertible debentures
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| Amount: | Rs. 10 billion
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| Greenshoe: | Rs. 5 billion
|
| Coupon: | 8.8%
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| Allotment date: | March 27
|
|
|
| Option 1
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| Maturity: | March 23, 2020
|
|
|
| Option 2
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| Maturity: | March 23, 2021
|
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