Future Retail allots NCDs worth Rs 600cr

Written By Unknown on Selasa, 07 April 2015 | 14.02

Future Retail has informed BSE that the Committee of Directors of the Company has at their meeting held on April 06, 2015, considered, approved & allotted of 6,000, 10.25% Secured Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh each, aggregating to Rs 600 crore, on private placement basis.

Future Retail Ltd has informed BSE that the Committee of Directors of the Company has at their meeting held on April 06, 2015, considered, approved & allotted of 6,000, 10.25% Secured Redeemable Non-Convertible Debentures ("NCDs") of Rs. 10 lakh each, aggregating to Rs. 600.00 crore, on private placement basis.The said NCDs shall be listed on Wholesale Debt Market Segment of BSE Limited.These NCDs have been rated CARE AA- (Double A minus) by Credit Analysis & Research Limited (CARE).Source : BSE

Read all announcements in Future Ret (D)


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