Aug 24, 2009

Hurry! L & T Finance Issue Closing Shortly

Public issue by L&T Finance Ltd for 50,00,000 secured redeemable non-convertible debetures issue closing at 4th sept. 2009.

Here is the Interest Rates for the issue

Options Interest Payment Face Value Coupon (%) p.a. Tenor Yield
I qly 1,000/- 9.51% 60 months 9.85%
II semi-annually 1,000/- 9.62% 60 months 9.85%
II cumulative compounded annually 1,000/- 9.95% 88 months 9.95%
IV semi annually 1,000/- 10.24% 120 months 10.50%
By Sameer

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