DFCC Bank to offer Debenture Issue

July, 24, 2014

The DFCC Bank is to offer 30 million Senior Unsecured Redeemable Rated Debentures at an issue price of Rs. 100 each, with an option to issue up to a further 20 million Debentures in the event the initial 30 million Debentures are oversubscribed.

Subscriptions open on 07 August 2014.

Managers to the issue are Capital Alliance Partners Limited while the Registrars are SSP Corporate Services (Private) Limited.

The Prospectus would be delivered to Member Firms/Trading Members on 20 July 2014.