trending Market Intelligence /marketintelligence/en/news-insights/trending/ax0vd-mpzcsf6fgjan7k8q2 content esgSubNav
In This List

IndoStar Capital Finance issues 5.5B rupees of debentures

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Investment Banking Essentials Newsletter April Edition - 2022

Blog

Banking Essentials Newsletter April Edition - 2022


IndoStar Capital Finance issues 5.5B rupees of debentures

India-based IndoStar Capital Finance Ltd. issued 5.50 billion rupees of secured redeemable nonconvertible debentures through private placement.

The company issued 2.75 billion rupees of 424-day debentures priced with an annual coupon of 9.8917% and 2.75 billion rupees of 452-day debentures with an annual coupon of 9.8773%, according to a July 3 stock exchange filing.

The debentures will be listed on the wholesale debt market segment of BSE Ltd.

As of July 3, US$1 was equivalent to 68.56 rupees.