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IDFC - Proposed public issue of long term infrastructure bonds by IDFC (September 09, 2010)

Infrastructure Development Finance Company Ltd has informed BSE that the Committee of the Board of Directors of the Company has approved the proposal to undertake a public issue, in one or more tranches, of Long Term Infrastructure Bonds of face value of Rs. 5,000 each, in the nature of secured, redeemable, non- convertible debentures, having benefits under Section 80CCF of the Income Tax Act, 1961 (the "Bonds"), for an amount not exceeding Rs. 3,400 core (the "Issue").

The Bonds will be listed on National Stock Exchange of India Limited (NSE) and Bombay Stock Exchanged Limited (BSE) [NSE and BSE collectively referred as the "Stock Exchanges"] and the Draft Shelf Prospectus of the Issue will be submitted to the Stock Exchanges shortly.


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