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Published on 3/29/2018 in the Prospect News Emerging Markets Daily.

New Issue: India’s Reliance Infrastructure allots Rs. 750 million of 11½% debt

By Tali Rackner

Minneapolis, March 29 – Reliance Infrastructure Ltd. informed the Bombay Stock Exchange that it allotted Rs. 750 million of 11½% secured redeemable nonconvertible debentures due June 2019 on Wednesday.

The 15-month bonds were issued on a private placement basis and will be listed on the National Stock Exchange of India, Ltd.

Based in Mumbai, Reliance Infrastructure generates, transmits and distributes electrical power in India.

Issuer:Reliance Infrastructure Ltd.
Issue:Secured redeemable nonconvertible debentures
Amount:Rs. 750 million
Coupon:11½%
Maturity:June 28, 2019
Allotment date:March 28

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