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Prospect News home > News index > List of issuers K > Headlines for Kotak Mahindra Prime Ltd. > News item
Published on 5/18/2016 in the Prospect News Emerging Markets Daily.

India’s Kotak intends to issue Rs. 4 billion of nonconvertible debt

By Tali Rackner

Norfolk, Va., May 18 – Kotak Mahindra Prime Ltd. informed the Bombay Stock Exchange that it plans to issue Rs. 4 billion of secured redeemable nonconvertible debentures.

The debentures, each with a face value of Rs. 1 million, will be issued on a private placement basis.

The bank is based in Mumbai.


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