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

By Tanya Meyer

Chicago, Dec. 15 – L&T Infrastructure Finance Co. Ltd. informed the Bombay Stock Exchange that it will issue Rs. 250 million in secured, redeemable, non-convertible debentures.

The debentures, with a face value of Rs. 2.5 million each, will be issued on a private placement basis, with an oversubscription option of Rs. 250 million, according to a news release.

L&T Infrastructure is a Mumbai-based, wholly owned subsidiary of L&T Finance Holdings Ltd.

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