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Prospect News home > News index > List of issuers L > Headlines for Larsen & Toubro Ltd. > News item
Published on 5/6/2020 in the Prospect News Emerging Markets Daily.

New Issue: Larsen & Toubro allots Rs. 14.5 billion 7¼% debentures due 2024

By Sarah Lizee

Olympia, Wash., May 6 – Larsen & Toubro Ltd. informed the Bombay Stock Exchange that it allotted Rs. 14.5 billion of 7¼% redeemable nonconvertible debentures due May 6, 2024.

The debentures were allotted on Wednesday and are expected to be listed on BSE Ltd., according to the notice.

Mumbai, India-based Larsen & Toubro is an industrial engineering and construction company.

Issuer:Larsen & Toubro Ltd.
Issue:Redeemable nonconvertible debentures
Amount:Rs. 14.5 billion
Maturity:May 6, 2024
Coupon:7¼%
Allotment date:May 6

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