L&T Infra to raise Rs 200 crore via private placement

L&T Infrastructure Finance today said it plans to raise Rs 200 crore by way of issuing non convertible debentures (NCDs).

"...The company intends to issue secured, redeemable, Non-Convertible Debentures of the face value of Rs 25,00,000 each, amounting to Rs 200 crore with an option to retain over subscription of Rs 100 crore, on private placement basis," it said in a filing to BSE.