|Chennai||Rs. 24970.00 (-0.44%)|
|Mumbai||Rs. 25970.00 (0%)|
|Delhi||Rs. 25350.00 (-0.59%)|
|Kolkata||Rs. 25440.00 (-0.04%)|
|Kerala||Rs. 24900.00 (-0.8%)|
|Bangalore||Rs. 25200.00 (0%)|
|Hyderabad||Rs. 25080.00 (0.12%)|
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.