L&T Shipbuilding plans 2,500 crore bond issue
Exim News Service reported that L&T Shipbuilding is looking to raise INT 2,500 crore through a two tranche bond sale, Exim News Service reports.
It is learnt that the Larsen & Toubro unit plans to sell 5 year bonds with a call option after the third and fourth year. It will also sell 15 year bonds with 11 to 15 year separately tradable and redeemable principal parts and a call option on completion of the 10th year.