MUMBAI, Feb 12 (Reuters) - India's Ennore Port has invited
30 arrangers to participate in a fund raising of up to 2.5
billion rupees ($46.50 million) via a private placement of
tax-free bonds, a term sheet obtained by Reuters showed.
The firm is issuing 10-year bonds at 7.03 percent and
15-year bonds at 7.19 percent, the document showed.
Qualified institutional buyers, corporates and high net
worth individuals will be allowed to invest in the bond sale,
according to the termsheet.
Book-building for the issue will take place from Feb. 14-21
and the pay-in has been scheduled for Feb. 25.
The base size of the issue is 1.5 billion rupees, as per the
($1 = 53.7600 Indian rupees)
(Reporting by Archana Narayanan; Editing by Sunil Nair)