Issue to open on 01 July 2015
SREI Infrastructure Finance announced that the public issue of 2,000,000 Secured Redeemable Non-Convertible Debentures (NCDs) of Face Value of Rs. 1000/- each amounting to Rs 200 crore (base issue size) opens on 01 July 2015 and closes on 20 July 2015. The Company has an option to retain oversubscription upto Rs 1000 crore.The NCDs have been rated 'CARE AA- (Double A Minus)' by Credit Analysis & Research Limited (CARE) and 'BWR AA (BWR Double A)' by Brickwork Ratings India.
The NCDs are proposed to be listed on BSE. BSE has granted its in-principle approval in relation to the Issue vide Letter dated 19 September 2014.
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