Future Consumer raises Rs.200 cr. via NCDs from UK’s CDC Group

Date posted: Friday 16 February 2018

Future Consumer Limited, the FMCG arm of Kishore Biyani’s Future Group, has raised Rs.200 cr. in non-convertible debentures (NCDs) from the CDC Group Plc., the UK government’s development finance institution. The NCDs have 7-year tenure and will be used for capital expenditure, long-term working capital needs, and to support business growth.

(Live Mint)