India’s SREI Infrastructure to consider Rs. 5 billion of debentures

By Wendy Van Sickle

Columbus, Ohio, Nov. 3 – SREI Infrastructure Finance Ltd.’s board of directors will consider on Thursday authorizing the public issuance of up to Rs. 5 billion of redeemable non-convertible debentures, according to a notice with the Bombay Stock Exchange.

The Rs. 5 billion total is inclusive of a greenshoe and would be in one or more tranches. The debentures would have a face value of Rs. 1,000 each.

SREI is a financial services company based in Kolkata.

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