L&T Infra Debt Fund to raise Rs 200cr on pvt placement basis

L&T Infra Debt Fund will raise Rs 200 crore by issuing non-convertible bonds on private placement basis.
"L&T Infra Debt Fund Ltd...The Company intends to issue secured, redeemable, Non-Convertible Bonds of the face value of Rs 25 lakh each, amounting to Rs 200 crore, on private placement basis," it said in a BSE filing.