India’s L&T may sell up to Rs. 600 million of redeemable debentures

By Susanna Moon

Chicago, May 10 – L&T Infrastructure Finance Co. Ltd. notified the Bombay Stock Exchange that it plans to issue Rs. 100 million of secured redeemable debentures with a Rs. 500 million over-subscription option.

The debentures will be issued on a private placement basis, according to the notice.

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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