Wednesday 21 October 2015

People's Leasing and Finance to raise Rs 6 b

People's Leasing and Finance has decided to go for Rs.6 billion debenture issue.To this end, the company plans to issue 40 million debentures with an option to issue up to a further 20 million in the event of an over subscription at a par value of Rs.100.

Subscription list will open on November 5, 2015. Joint managers to the issue is People's Bank Investment Unit. (IH)
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