Web Sify
Follow us on
Mail
Print

IDFC to raise 2.5 bln rupees via bonds - source

Source : REUTERS
Last Updated: Tue, Dec 11, 2012 08:03 hrs
Suzlon board to consider share allotment to IDFC PE

IDFC Ltd is planning to raise 2.5 billion rupees ($45.86 million) via bonds at 8.97 percent, a source with direct knowledge of the deal said on Tuesday.

The firm will issue five year bonds with a put/call option at the end of second year, the source said.

Standard Chartered Bank is the sole arranger to the deal, the source said.


More from Sify:
blog comments powered by Disqus
  Cities   Price (10g)
  Chennai   Rs. 24500.00 (-0.33%)
  Mumbai   Rs. 25480.00 (-0.08%)
  Delhi   Rs. 25200.00 (0%)
  Kolkata   Rs. 25000.00 (0%)
  Kerala   Rs. 24400.00 (-0.41%)
  Bangalore   Rs. 24450.00 (0%)
  Hyderabad   Rs. 24580.00 (0%)
talking point on sify finance