IL&FS Transportation plans to raise around 5 bln rupees via preference share sale - termsheet

Last Updated: Wed, Aug 21, 2013 11:45 hrs

IL&FS Transportation Networks Ltd. is planning to raise around 5 billion rupees via a preference share sale, a termsheet seen by Reuters showed.

The firm is considering the 3-1/2-year and the five-year tenures, the document showed.

The issue is rated A by ICRA and tentatively scheduled to be issued in the third week of September, it showed.

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