|Chennai||Rs. 27770.00 (-0.14%)|
|Mumbai||Rs. 29200.00 (2.31%)|
|Delhi||Rs. 27900.00 (-0.36%)|
|Kolkata||Rs. 28270.00 (1%)|
|Kerala||Rs. 27050.00 (-0.37%)|
|Bangalore||Rs. 27550.00 (1.66%)|
|Hyderabad||Rs. 27770.00 (-0.14%)|
India Infrastructure Finance Company Ltd is planning to raise up to 25 billion rupees ($393.36 million) via private placement of tax-free bonds, a termsheet obtained by Reuters showed.
The firm will issue 10-, 15-, and 20-year bonds, and the base size of the bond sale is 1 billion rupees, as per the document.
The issue is rated AAA by ICRA, CARE and BRICKWORK.
Book building for the issue will open and close on Wednesday.