Repco Home Finance (NSE:REPCOHOME, BOM:535322) has raised 1.25 billion Indian rupees through the non-convertible debentures on a private placement basis, according to a Friday filing to the Indian stock exchanges.
The company allotted 12,500 listed, rated, secured, senior, transferable, redeemable, fully paid up, non-convertible debentures of face value of 100,000 each.
The debentures carry a coupon rate of 8.40% per annum, payable monthly, and are scheduled to mature on March 13. They are proposed to be listed on the BSE.
The company's shares were down 4% in recent trade.
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