By Wendy Van Sickle
Columbus, Ohio, Dec. 9 – Idea Cellular Ltd. plans to issue Rs. 15 billion of five-year 7.57% unsecured redeemable nonconvertible debentures, according to a Bombay Stock Exchange notice.
The debentures will be issued by private placement.
The allotment date is Tuesday.
The mobile telecommunication services company is based in Mumbai.
| Issuer: | Idea Cellular Ltd.
|
| Issue: | Unsecured redeemable nonconvertible debentures
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| Amount: | Rs. 15 billion
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| Maturity: | Dec. 13, 2021
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| Coupon: | 7.57%
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| Allotment date: | Dec. 13
|
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