Published on 4/20/2020 in the Prospect News Emerging Markets Daily.
New Issue: India’s Larsen & Toubro allots Rs. 12.5 billion debentures due 2023
By Sarah Lizee
Olympia, Wash., April 20 – Larsen & Toubro Ltd. informed the Bombay Stock Exchange that allotted Rs. 12.5 billion 7.2% redeemable nonconvertible debentures due April 20, 2023, according to a notice.
The debentures will be listed on the National Stock Exchange of India Ltd.
Mumbai, India-based Larsen & Toubro is an industrial engineering and construction company.
Issuer: | Larsen & Toubro
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Issue: | Redeemable nonconvertible debentures
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Amount: | Rs. 12.5 billion
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Maturity: | April 20, 2023
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Coupon: | 7.2%
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Allotment date: | April 20
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