IDFC Infrastructure Bond Application Form Opening from 17 January 2011 to February 4th 2011. This IDFC Long Term Infrastructure Bond application form is available from today on Monday as IDFC aims to raise Rs 2,928 crore via infra bonds. IDFC’s infrastructure bond issue would remain open from January 17 to February 4 by a coupon rate of eight per cent, which has been offered by IDFC. The issue is in two series and is being offered in multiples of Rs 5,000, with maturity of 10 years. Both the series will have a buyback option after five years. The issue has received credit ratings of ‘LAAA’ by Icra and ‘AAA’ by Fitch.
For more information related to IDFC infrastructure bond/ IDFC Long Term infrastructure bond. Please visit – http://www.idfc.com/media_room/press_releases17.htm
IDFC informed the market that the company is coming out with IDFC Long Term Infrastructure Bond which is public issue by infrastructure Development Finance Company Ltd (the “Company”) of long term infrastructure bonds of face value of Rs 5,000 each, in the nature of secured, redeemable, non-convertible debentures, having benefits under Section 80 CCF of the income Tax Act, 1961 (the “Bonds”) for an aggregate amount not exceeding Rs 29289.64 million (the “issue”) – Tranche 2, Infrastructure Development Finance Company Ltd has now informed BSE that the Committee of Directors, at its meeting held on January 04, 2011.
For further details, please contact:
Mona Mohan
IDFC Ltd.
Tel: +91.22.4222 2186
Mob: +91.99871428600
Email:Mona.mohan@idfc.com
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