India’s IL&FS committee approves Rs. 1 billion redeemable debentures

By Sarah Lizee

Olympia, Wash., April 27 – IL&FS Transportation Networks Ltd. informed the Bombay Stock Exchange that its committee of directors approved an allotment of Rs. 1 billion redeemable nonconvertible debentures.

The 1,000 rated and listed debentures will have a face value of Rs. 1 million each and be issued by way of private placement.

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

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.