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Prospect News home > News index > List of issuers I > Headlines for IRB Infrastructure Developers Ltd. > News item
Published on 11/25/2009 in the Prospect News Convertibles Daily.

IRB Infrastructure may sell up to Rs. 12 billion in convertible bonds

By Devika Patel

Knoxville, Tenn., Nov. 25 - IRB Infrastructure Developers Ltd. informed the Bombay Stock Exchange that it will vote on plans to sell up to Rs. 12 billion in foreign currency convertible bonds at an extraordinary general meeting on Oct. 30.

The company also is considering non-convertible debentures, Global Depositary Receipts and American Depositary Receipts.

Based in Mumbai, India, IRB is an infrastructure development and construction company.


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