L&T In­fra Finance plans to raise 200 cr through bonds

The Financial Express - - MONEY & MARKETS -

L&T In­fra­struc­ture Finance Com­pany plans to raise up to ` 200 crore through is­suance of non-con­vert­ible bonds on a pri­vate place­ment ba­sis. “The com­pany in­tends to is­sue se­cured, redeemable, non­con­vert­ible deben­tures of the face value of ` 25 lakh each, amount­ing to ` 100 crore with an op­tion to re­tain over sub­scrip­tion of ` 100 crore,” it in­formed BSE on Mon­day. L&T Finance is a wholly owned sub­sidiary of L&T Finance Hold­ings, which is in­cor­po­rated as a non­bank­ing finance com­pany (NBFC). It of­fers finance ser­vices for trade, in­dus­try and agri­cul­ture sec­tor.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.