India’s L&T Infrastructure to issue Rs. 250 million of debentures

By Wendy Van Sickle

Columbus, Ohio, June 2 – L&T Infrastructure Finance Co. Ltd plans to issue Rs. 250 million of unsecured, redeemable, non-convertible debentures, series P, according to a notice filed with the Bombay Stock Exchange.

The company has an oversubscription option of Rs. 500 million.

The debentures, which have a face value of Rs. 1 million each, will be issued on a private placement basis.

L&T Infrastructure 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.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.