By Tali Rackner
Norfolk, Va., Dec. 13 – Prism Cement Ltd. informed the Bombay Stock Exchange that it issued Rs. 2 billion of 9¼% secured redeemable taxable nonconvertible debentures, tranche 8.
The debentures mature on April 29, 2020.
The debentures will be rated and listed and were sold in a private placement, as announced Nov. 30.
Based in Hyderabad, India, Prism Cement is a building materials company with products that include cement, ready-mixed concrete, tiles, bath products and kitchens.
| Issuer: | Prism Cement Ltd.
|
| Issue: | Secured redeemable taxable nonconvertible debentures, tranche 8
|
| Amount: | Rs. 2 billion
|
| Maturity: | April 29, 2020
|
| Coupon: | 9¼%
|
| Allotment date: | Dec. 13
|
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