By Sarah Lizee
Olympia, Wash., June 29 – IRB Infrastructure Developers Ltd. informed the Bombay Stock Exchange that the management administration and share transfer committee of its board of directors allotted Rs. 2 billion of 9.55% secured redeemable nonconvertible debentures at par on Monday.
The debentures were issued on a private placement basis to an eligible investor.
Based in Mumbai, IRB is an infrastructure development and construction company.
| Issuer: | IRB Infrastructure Developers Ltd.
|
| Issue: | Secured redeemable nonconvertible debentures
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| Amount: | Rs. 2 billion
|
| Coupon: | 9.55%
|
| Price: | Par
|
| Allotment date: | June 29
|
| Distribution: | Private placement
|
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