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IRB Infrastructure Developers informs about disclosure

12 Mar 2024 Evaluate
With refer to previous letters dated February 29, 2024 and February 22, 2024, and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (SEBI Listing Regulations), IRB Infrastructure Developers has informed that the Company has successfully completed the issuance and allotment of Reg S / Rule 144A US$ 540,000,000 7.11% Senior Secured Notes due 2032 having a weighted average life of 7.25 years with the final maturity date of March 11, 2032 and a coupon of 7.11% pa. fixed rate in semi-annual instalments (reoffer yield: 7.125%; reoffer price: 99.917%) (Issue). The Notes will be listed on the India International Exchange (IFSC) (India INX). Subject to the provisions of the FEMA ECB Guidelines, the Issuer intends to use the net proceeds of the Issue for repayment of existing Indian Rupee denominated indebtedness which was availed for capital expenditure. The details of the Issue are enclosed.

The above information is a part of company’s filings submitted to BSE.

IRB Infra.&Developer Share Price

21.84 -0.16 (-0.73%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4075.75
Rail Vikas Nigam 298.75
NCC 160.00
KEC International 584.40
Kalpataru Projects 1248.95
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