By Sarah Lizee
Olympia, Wash., July 5 – Prism Johnson Ltd. informed the Bombay Stock Exchange that its board of directors approved on Friday an issue of Rs. 1.15 billion of 10.7% redeemable nonconvertible debentures due July 25, 2022.
The debentures, which will be allotted on July 26, are proposed to be listed on BSE Ltd.
Hyderabad, India-based Prism Johnson, formerly known as Prism Cement Ltd., is a building materials company with products that include cement, ready-mixed concrete, tiles, bath products and kitchens.
| Issuer: | Prism Johnson Ltd.
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| Issue: | Redeemable nonconvertible debentures
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| Amount: | Rs. 1.15 billion
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| Maturity: | July 25, 2022
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| Coupon: | 10.7%
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| Announcement date: | July 5
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| Allotment date: | July 26
|
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