Published on 2/4/2020 in the Prospect News Emerging Markets Daily.
New Issue: India’s Kogta Financial sells Rs. 2.7 billion of 12.36% debentures
By Sarah Lizee
Olympia, Wash., Feb. 4 – Kogta Financial (India) Ltd. priced Rs. 2.7 billion of 12.36% senior secured redeemable nonconvertible debentures due Jan. 27, 2023 at par, according to a Bombay Stock Exchange notice.
The debentures are being issued on a private placement basis.
The financial services company is based in Jaipur, India.
Issuer: | Kogta Financial (India) Ltd.
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Issue: | Senior secured redeemable nonconvertible debentures
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Amount: | Rs. 2.7 billion
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Maturity: | Jan. 27, 2023
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Coupon: | 12.36%
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Allotment date: | Jan. 28
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