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Capital First to raise Rs 700 cr through bonds

Capital First to raise Rs 700 cr through bonds

Wednesday, April 5, 2017, 3:44 PM

Non-banking financial company Capital First today said it will raise Rs 700 crore through non-convertible debentures to fund business growth. The board in its meeting held today "approved an issue of rated, listed, secured, redeemable, non-convertible debentures of Rs 500 crore plus green shoe option of Rs 200 crore on private placement basis", Capital First said in a regulatory filing to stock exchanges.
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