India’s Capital First committee to consider nonconvertible debt issue

By Sarah Lizee

Olympia, Wash., June 1 – Capital First Ltd. informed the Bombay Stock Exchange that its debenture committee will meet on Wednesday 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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