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L&T Infrastructure to issue Rs. 200 million of unsecured debentures
By Tali Rackner
Norfolk, Va., Feb. 11 - L&T Infrastructure Finance Co. Ltd. informed the Bombay Stock Exchange that it intends to issue Rs. 200 million of unsecured nonconvertible subordinated tier II debentures, with a Rs. 200 million over-allotment option.
The debentures will be issued on private placement basis.
L&T 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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