Live Webinar on "How to Invest successfully to reach goals without losing sleep" Sign up for Live Webinar

Larsen & Toubro (L&T) has launched and priced an accelerated offering of foreign currency convertible bonds (FCCBs). The issue size is $200 million of face value $200,000 a bond carrying a coupon rate of 0.675 per cent payable semi-annually. The tenor of the bond will be five years and one day.

The FCCBs are convertible into equity shares at the option of the bondholders. The initial conversion price would be Rs 1,916.50 a share.

Larsen & Toubro (L&T) is a technology, engineering, construction and manufacturing company. It is one of the largest and most respected companies in India's private sector.

 

Related Larsen & Toubro Ltd. Links:

Larsen & Toubro Share Price

1622.55 -10.60 (-0.65%) Aug 04, 18:01
1 Year Price Chart
Peers
Company Name CMP
Larsen & Toubro 1622.55
Rail Vikas Nigam 29.65
KEC International 415.85
NCC 87.00
PNC Infratech 307.70
View more..
Sensex vs Larsen & Toubro
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback