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Rolta's wholly owned subsidiary raises USD 300 million

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Capital Market
Last Updated : Jul 18 2014 | 11:55 PM IST

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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First Published: Jul 18 2014 | 10:46 AM IST

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