Regency Fincorp Limited, formerly Regency Investment s Limited, announced that its board approved the issuance of 45,000 secured, rated, listed, non-convertible debentures with a face value of Rs 10,000 each, totaling Rs 45 crore, on a private placement basis. The company also appointed Catalyst Trusteeship Limited as trustee and Horizon Management Pvt Ltd as merchant banker for the debenture issuance, which will have a tenure of 36 months and an interest rate of 13.00% per annum.</p>