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This is an archive article published on March 22, 2011

IDFC plans to raise Rs 2.5 bn via bonds 9.3% rate

India's Infrastructure Development Finance Company is looking to raise 2.5 billion rupees through 15-year bonds at 9.33 percent interest rate,three sources with direct knowledge of the matter said on Tuesday.

India’s Infrastructure Development Finance Company is looking to raise 2.5 billion rupees through 15-year bonds at 9.33 percent interest rate,three sources with direct knowledge of the matter said on Tuesday.

The bond has a call option in the tenth year.

ICICI Bank,ICICI Securities and Trust Capital are the arrangers to the deal.

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