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Invest in IDFC Long term Infra bond

, March 21, 2012, 0 Comments

IDFC has announced the public issue of the third tranche of long term infrastructure bonds of face value of Rs 5,000, in the nature of secured, redeemable, non-convertible debentures.

The bonds have been rated as (ICRA)AAA by ICRA and Fitch AAA(Ind) by Fitch. The issue of tranche 3 bonds opened for subscription on March 19, 2012, and will close on March 30, 2012, or earlier, as may be decided by the board of the company.

The lead managers are ICICI Securities Limited, Karvy Investor Services Limited, HDFC Bank Limited, JM Financial Consultants Private Limited and IDFC Capital Limited

[Disclaimer : Read offer document carefully before investing]

 

(Author can be reached atsumeet_raithatha@yahoo.co.in )






About author
Sumeet is Mumbai based Chartered Accountant, having 10+ years of Strong Experience across Finance & Taxation domain. His expertise includes setting up Finance & Accounting Function and Managing team of professionals to deliver end to end spectrum of F&A, Statutory & Management Audits, Taxation, Costing, Treasury & Funds Management & Finalization of Financial Statements etc. While working with ICICI Prudential, Rajasthan Royals he had the experience in Strategy Planning & Decision making support, implementing financial strategies. ...more