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Prospect News home > News index > List of issuers I > Headlines for Infrastructure Development Finance Co. Ltd. > News item
Published on 10/16/2006 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

Infrastructure Development shareholders OK up to $250 million bond issue

By Jennifer Chiou

New York, Oct. 16 - Infrastructure Development Finance Co. Ltd. informed the Bombay Stock Exchange that its shareholders approved an issue of up to $250 million of foreign currency bonds, debentures or warrants.

Based in Chennai, India, the company finances projects for electricity generation, transmission and distribution, as well as projects in the oil and gas industry.


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