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Prospect News home > News index > List of issuers I > Headlines for IL&FS Transportation Networks Ltd. > News item
Published on 8/19/2016 in the Prospect News Emerging Markets Daily.

India’s IL&FS Transportation plans Rs. 3 billion redeemable debentures

By Marisa Wong

Morgantown, W.Va., Aug. 19 – India’s IL&FS Transportation Networks Ltd. said its committee of directors approved the allotment of Rs. 3 billion of redeemable non-convertible debentures on a private placement basis.

The committee approved Rs. 2 billion of the debentures on Aug. 10 and a further Rs. 1 billion on Aug. 18.

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


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