India’s Satin Creditcare to discuss Rs. 2 billion of nonconvertibles

By Tali Rackner

Minneapolis, Dec. 11 – Satin Creditcare Network Ltd. informed the Bombay Stock Exchange that the working committee of its board of directors will meet on Thursday to consider an issue of Rs. 2 billion of nonconvertible debentures.

The debentures would be issued by way of a private placement.

Satin is a New Delhi-based non-banking finance company.

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