India's Infrastructure Development plans up to Rs. 37 billion of bonds

By Ashley Montgomery

Kansas City, Kan., March 13 - Infrastructure Development Finance Co. Ltd. informed the Bombay Stock Exchange that its board of directors approved the prospectus for tranche 3 of its secured redeemable non-convertible bonds at a meeting Monday.

The company will issue up to Rs. 37 billion of the bonds.

The issue will be open for subscription beginning Monday and ending March 30.

Chennai, India-based Infrastructure Development is an asset management company.

© 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.