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Reliance Capital issues nonconvertible debentures

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Reliance Capital issues nonconvertible debentures

India's Reliance Capital Ltd. issued nonconvertible debentures with a market-linked coupon.

The company said Dec. 27 that it issued 20 million rupees worth of debentures with an oversubscription option of 20 million rupees.

The debentures will mature Dec. 27, 2018.

As of Dec. 27, US$1 was equivalent to 68.01 Indian rupees.