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Prospect News home > News index > List of issuers L > Headlines for Larsen & Toubro Ltd. > News item
Published on 6/11/2012 in the Prospect News Emerging Markets Daily.

L&T Finance plans to issue Rs. 2 billion non-convertible debentures

By Ashley Montgomery

Kansas City, Kan., June 11 - L&T Finance Ltd. informed the Bombay Stock Exchange that it intends to issue Rs. 2 billion of secured, redeemable, non-convertible debentures.

The private placement will carry an overallotment option for an additional Rs. 2 billion.

The issuer is a Mumbai, India-based finance company and a subsidiary of Larsen & Toubro Ltd.


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