MoneyWorks4Me

L&T to raise Rs 100 crore via issue of 10-year inflation-linked bonds: Report

15 May 2013 Evaluate

Larsen & Toubro (L&T) is reportedly planning to raise Rs 100 crore through issue of 10-year inflation-linked bonds at 1.65 percent over wholesale price inflation. IDFC is the sole arranger to the deal while, the pay-in for the bond is set for May 21.

L&T is a $13.5 billion technology, engineering, construction, manufacturing and financial services conglomerate, with global operations.

Peers
Company Name CMP
Larsen & Toubro 3620.50
Kalpataru Projects 1403.00
NCC 119.95
Rail Vikas Nigam 187.10
KEC International 349.85
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