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Published on 11/29/2012 in the Prospect News Emerging Markets Daily.

India's Rural Electrification files prospectus for debentures

By Ashley Montgomery

Kansas City, Kan., Nov. 29 - Rural Electrification Corp. Ltd. informed the Bombay Stock Exchange that the company filed a shelf prospectus and prospectus tranche-1 for a proposed public issue of tax-free secured redeemable non-convertible bonds.

The bonds will be issued in the form of debentures during fiscal year 2012 to 2013.

Rural Electrification is a financer and promoter of rural electrification projects and is based in New Delhi, India.


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