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Published on 12/9/2004 in the Prospect News Emerging Markets Daily.

Industrial Development Bank of India to start roadshow next week for $300 million five-year bonds

New York, Dec. 9 - Industrial Development Bank of India plans to start a roadshow as early as next week for its $300 million offering of five-year bonds (/BB/BB+), according to a market source.

The roadshow will make stops in Hong Kong, Singapore and London.

Barclays Capital and Merrill Lynch & Co. are managing the sale.

The lender is based in Mumbai, India.


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