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India's L&T could sell Rs. 1.5 billion of non-convertible debentures
By Devika Patel
Knoxville, Tenn., Aug. 31 - L&T Finance Ltd. informed the Bombay Stock Exchange that it plans to issue up to Rs. 1.5 billion of secured redeemable non-convertible debentures.
There is an over-allotment option for an additional Rs. 1.5 billion of debentures.
Mumbai, India-based L&T Finance is a non-banking financial company.
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