Asia
CSL Finance Raises INR300 Million Through Allotment of Non-Convertible Debentures
CSL Finance (NSE:CSLFINANCE, BOM:530067) has raised 300 million Indian rupees through the allotment of non-convertible debentures on a private placement basis, according to a Tuesday filing to the Indian stock exchanges.The company allotted 30,000 secured, rated, listed, redeemable non-convertible debentures at an issue price of 10,000 rupees each.The debentures carry a coupon rate of 11% and are scheduled to mature on April 20, 2028. They are proposed to be listed on the BSE.The company's shares were down over 1% in recent trade.
BOM:530067NSE:CSLFINANCE
