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Prospect News home > News index > List of issuers I > Headlines for IVRCL Infrastructures & Projects Ltd. > News item
Published on 12/1/2009 in the Prospect News Emerging Markets Daily.

New Issue: IVRCL sells Rs. 1.05 billion 17-month debentures to yield 8.85%

By Devika Patel

Knoxville, Tenn., Dec. 1 - IVRCL Infrastructures & Projects Ltd. informed the Bombay Stock Exchange that it sold Rs. 1.05 billion in 8.85% 17-month secured redeemable non-convertible debentures on Nov. 27.

The company sold 1,050 debentures for Rs. 1.05 billion.

Hyderabad, India-based IVRCL is a construction company.

Issuer:IVRCL Infrastructures & Projects Ltd.
Issue:Secured redeemable non-convertible debentures
Amount:Rs. 1.05 billion
Debentures:1,050
Maturity:17 months
Coupon:8.85%
Price:Par of Rs. 1 million
Yield:8.85%
Settlement date:Nov. 27

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