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Prospect News home > News index > List of issuers F > Headlines for Future Retail Ltd. > News item
Published on 10/13/2015 in the Prospect News Emerging Markets Daily.

India’s Future Retail board approves Rs. 1 billion of 10¼% debentures

By Wendy Van Sickle

Columbus, Ohio, Oct. 13 – Future Retail Ltd.’s board of directors allotted Rs. 1 billion of 10¼% secured redeemable non-convertible debentures on Tuesday, according to a notice with the Bombay Stock Exchange.

The 1,000 of debentures with a face value of Rs. 1 million each were issued on a private placement basis and will be listed on wholesale debt market segment of BSE Ltd.

Future Retail is a multi-format retailer based in Mumbai.


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