Reliance Infrastructure’s board approves issuance of FCCBs as much as USD 400 million

Within the assembly held on 05 August 2022

The Board of Reliance Infrastructure in its assembly held on 05 August 2022 has approved the issuance of US$ 400,000,000 5% Unsecured International Forex Convertible Bonds (FCCBs) on personal placement foundation. FCCB, as per the phrases of the FCCB, shall be convertible into fairness shares of Rs.10 every of the corporate at a worth of Rs. 123 (together with premium of Rs.113) per fairness share.

operated by Capital Markets – Reside Information

(This story has not been edited by Enterprise Customary staff and is mechanically generated from a syndicated feed.)

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First revealed: Sat, 06 August 2022. 10:12 IST

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