Offer over subscribed by more than 8 times
Rolta India announced the successful pricing of 8.875% Senior Notes in the international markets, aggregating to USD 300 million by its wholly owned subsidiary Rolta Americas LLC.The offering was over subscribed by more than 8 times with order book of over USD 2.4 billion with high demand from 200+ high quality investors across US, Europe and Asia.
The Notes have a tenure of 5 years and are guaranteed by Rolta and its key subsidiaries. The Notes have been rated as S&P BB-/ Fitch BB-.
The Notes will be listed on the Singapore Exchange Securities Trading.
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