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Business & Finance

IDFC to raise 2.5bn rupees via bonds: Source

MUMBAI: India ’s Infrastructure Development Finance Co. is planning to raise at least 2.5 billion rupees ($50.82 millio
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By Fakir Syed Iqtidaruddin
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indian-bondMUMBAI: India’s Infrastructure Development Finance Co. is planning to raise at least 2.5 billion rupees ($50.82 million) via 2-year bonds at 9.65 percent, a source with knowledge of the deal said on Tuesday.

Standard Chartered Bank is the sole arranger to the deal, said the source.

 

 

 

 

 

 

Copyright Reuters, 2012

 

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