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Published on 11/18/2016 in the Prospect News Emerging Markets Daily.

New Issue: India’s Reliance Capital issues Rs. 40 million of market-linked notes

By Tali Rackner

Norfolk, Va., Nov. 18 – Reliance Capital Ltd. informed the Bombay Stock Exchange that it issued Rs. 40 million of market-linked nonconvertible debentures due May 18, 2020.

There is a greenshoe option for up to an additional Rs. 20 million.

The notes will be listed on the wholesale debt market segment of the exchange.

Reliance Capital is a financial services holding company based in Mumbai.

Issuer:Reliance Capital Ltd.
Issue:Nonconvertible debentures
Amount:Rs. 40 million
Greenshoe option:Rs. 20 million
Interest:Market-linked
Maturity:May 18, 2020
Allotment date:Nov. 18

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