L&T Infrastructure plans to issue Rs. 2.5 billion of nonconvertibles

By Tali David

Minneapolis, March 19 - L&T Infrastructure Finance Co. Ltd. informed the Bombay Stock Exchange that it intends to issue secured redeemable nonconvertible debentures for an aggregate amount of Rs. 2.5 billion.

The debentures will be issued on private placement basis.

L&T is a Mumbai-based non-banking financial company that provides financial products and services for power, roads, telecommunications, oil and gas and ports sectors in India.

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