Invest in L&T Infrastructure bond from Feb 7

Mumbai, Feb 4: After raising Rs 260 crore in Nov 2010, Indian engineering conglomerate Larsen & Toubro owned L&T Infrastructure Finance decided to open its retail bond issue again.

Company sources informed that the L&T Infrastructure's retail bond issue will open on Feb 7 and it will continue till Mar 7.

L&T Infra Finance Retail Bond has been priced at 8.2 percent annually and 8.3 percent for cumulative option.

The company sources also informed that it (company) will raise a maximum of Rs 400 crore (USD 88 million) through the sale.

OneIndia News