Jindal Iron & Steel Company (Jisco) has rolled over the Rs 125 crore non-convertible debenture issued to the Unit Trust of India (UTI) which matured on January 2001. The coupon of the NCDs has been stepped up from 10.5 per cent to 13.5 per cent and the debenture has been rolled over for five years with a 2-year moratorium on interest payments.
According to institutional sources, the rollover was in the wake of Jisco
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