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Prospect News home > News index > List of issuers I > Headlines for Idea Cellular Ltd. > News item
Published on 1/30/2017 in the Prospect News Emerging Markets Daily.

New Issue: India’s Idea Cellular prices Rs. 5 billion 8.03% five-year debentures

By Angela McDaniels

Tacoma, Wash., Jan. 30 – Idea Cellular Ltd. notified the Bombay Stock Exchange that it will allot Rs. 5 billion of 8.03% five-year redeemable debentures on Tuesday.

The debentures are being sold in a private placement.

Idea Cellular is a mobile telecommunication services company based in Mumbai.

Issuer:Idea Cellular Ltd.
Issue:Redeemable debentures
Amount:Rs. 5 billion
Maturity:Jan. 31, 2022
Coupon:8.03%
Allotment date:Jan. 31
Distribution:Private placement

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