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Future Retail Ltd makes $14 million payment on a dollar bond

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Future Retail Ltd (FRL) on Friday informed the stock exchanges that it has made a $14 million payment on a dollar bond.

In January, FRL had informed the exchanges that it would make the payment within the 30-day grace period for the bond payment.

“Further, we would like to inform that on 18th February, 2022 the company has made the payment of said interest for the half year ended for an amount of USD 14 million on above USD Notes,” the company said in a late Friday filing to the BSE and NSE.

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