Capital First has received an approval to issue Rated, Listed, Secured, Redeemable, Non-Convertible Debentures (NCDs) of Rs 100 crore plus Green Shoe Option of Rs 300 crore on private placement basis. The Debenture Committee of the company at its meeting held on December 08, 2017, approved the same.
Capital First is an MSME and consumer financing company which provides debt financing to these segments and also offers home loans, two wheeler loans and durable loans to entry and mid-level salaried employees of corporates.