India’s L&T Infrastructure plans to issue Rs. 1 billion of debentures

By Tali Rackner

Norfolk, Va., Sept. 29 – L&T Infrastructure Finance Co. Ltd. informed the Bombay Stock Exchange that it intends to issue secured redeemable non-convertible debentures, series AC, with the face value of Rs. 2.5 million each, for a total of Rs. 1 billion.

The debentures 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.

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