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Prospect News home > News index > List of issuers I > Headlines for IL&FS Transportation Networks Ltd. > News item
Published on 3/30/2016 in the Prospect News Emerging Markets Daily.

India’s IL&FS Transportation approves Rs. 4.25 billion debentures

By Wendy Van Sickle

Columbus, Ohio, March 30 – IL&FS Transportation Networks Ltd.’s committee of directors approved the allotment of Rs. 4.25 billion redeemable, non-convertible debentures on Wednesday, according to a Bombay Stock Exchange notice.

The 4,250 rated, listed debentures with a face value of Rs. 1 million each will be issued on a private placement basis.

IL&FS Transportation is a surface transportation infrastructure company based in Mumbai, India.


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