Multi National Infrastructure Giant Larsen & Toubro is opening its L&T Infrastructure Finance retail bond issue on February 7 2011. L&T already raised Rs 260 crore in November 2010.
L&T Infrastructure Finance bond which closes on March 7 2011 is fixed at at 8.2% annually, and 8.3% for the cumulative option.
Around Rs 400 crore is expected to be raised which will be invested in infrastructure projects of the nation.
The bonds are tax free and expected to be Read more...
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