Future Retail Limited approved issuance of senior secured USD-denominated notes for an aggregate amount not exceeding USD 500 million and has approved the pricing, tenure and other terms of Notes. Type of Instrument: USD 500 million 5.60% Senior Secured Notes due 2025; Size of the Issue: USD 500 million; Tenure of the instrument - date of allotment and date of maturity: Settlement date - January 22, 2020 and Maturity date - January 22, 2025. The Notes will bear interest of 5.60% per annum, payable semi-annually in arrears.