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Published on 11/7/2013 in the Prospect News Emerging Markets Daily.

L&T Infrastructure plans to issue Rs. 300 million of nonconvertibles

By Tali David

Minneapolis, Nov. 7 - L&T Infrastructure Finance Co. Ltd. informed the Bombay Stock Exchange that it intends to issue Rs. 300 million of secured redeemable nonconvertible debentures with a greenshoe option of Rs. 210 million.

The debentures will be issued on a private placement basis.

The issuer is a Mumbai-based finance company and a subsidiary of Larsen & Toubro Ltd.


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