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India’s Capital First to consider non-convertible debt issue Wednesday
By Marisa Wong
Morgantown, W.Va., June 22 – Capital First Ltd. informed the Bombay Stock Exchange that its debenture committee will meet on Wednesday to consider and approve a private placement of rated, listed and redeemable non-convertible securities.
The company initially set the meeting the date for Monday, as previously reported.
The securities may be secured or unsecured and/or subordinate 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-based consumer and wholesale business financial services provider.
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