Reuters logo
India's IREDA sets coupon for up to 3-bln-rupee bond sale
May 30, 2012 / 12:06 PM / 6 years ago

India's IREDA sets coupon for up to 3-bln-rupee bond sale

MUMBAI, May 30 (Reuters) - Indian Renewable Energy
Development Agency, or IREDA, has set a coupon of 9.49 percent
for its 10-year vanilla bond to raise up to 3 billion rupees
($53.75 million), said three bankers who are involved in the
deal.	
    ICICI Bank , Trust Capital, Axis Bank, and Yes Bank are the
arrangers of the deal.	
    IREDA promotes and finances renewable energy and
conservation projects.	
    ($1 = 55.8150 Indian rupees)	
	
 (Reporting by Archana Narayanan; editing by Malini Menon)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below