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Capital First gets nod to raise $150 million via NCDs

Capital First has received an approval to raise funds through issuance of Rated, Unlisted, Secured, Redeemable, Non-Convertible Debentures (NCDs) of $150 million on private placement basis. The Debenture Committee of the Company at its meeting held on November 29, 2018 has 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.