|Chennai||Rs. 27580.00 (0.18%)|
|Mumbai||Rs. 28700.00 (0%)|
|Delhi||Rs. 27700.00 (0.73%)|
|Kolkata||Rs. 28270.00 (0%)|
|Kerala||Rs. 27050.00 (0.74%)|
|Bangalore||Rs. 27350.00 (1.11%)|
|Hyderabad||Rs. 27660.00 (1.21%)|
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.