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Published on 7/12/2018 in the Prospect News Emerging Markets Daily.

New Issue: India’s Indo Rama Synthetics places Rs. 2 billion debentures

By Marisa Wong

Morgantown, W.Va., July 12 – Indo Rama Synthetics (India) Ltd. informed the Bombay Stock Exchange that it allotted Rs. 1,999,900,000 of rated secured redeemable non-convertible debentures on a private placement basis on Thursday.

The polyester manufacturer is based in Gurugram, India.

Issuer:Indo Rama Synthetics (India) Ltd.
Issue:Rated secured redeemable non-convertible debentures
Amount:Rs. 1,999,900,000
Allotment date:July 12

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