{"id":438349,"date":"2021-09-27T09:21:51","date_gmt":"2021-09-27T03:51:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=438349"},"modified":"2021-09-27T09:52:07","modified_gmt":"2021-09-27T04:22:07","slug":"reliance-infrastructure-to-raise-%e2%82%b97500-million-through-foreign-currency-bonds","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-infrastructure-to-raise-%e2%82%b97500-million-through-foreign-currency-bonds\/","title":{"rendered":"Reliance Infrastructure to raise \u20b97500 million through foreign currency bonds"},"content":{"rendered":"<p>Reliance Infrastructure on Saturday said its board has approved raising up to \u20b9750 crore by issuing foreign currency convertible bonds (FCCBs) on a private placement basis.  <\/p>\n<p>Reliance Infrastructure in a BSE filing also said that Sandeep Khosla has been appointed as Chief Financial Officer (CFO) of the company. <\/p>\n<p>&#8220;We hereby inform you that the Board of Directors of the Company has authorised the issue of up to USD 100,000,000 unsecured foreign currency convertible bonds maturing in 2031 (FCCBs) with a coupon rate of 4.5 per cent on private placement basis. <\/p>\n<p>&#8220;The FCCBs shall be convertible into equity shares of Rs.10.00 each of the Company in accordance with the terms of the FCCBs, at a price of \u20b9111 (including a premium of \u20b9101) per equity share,&#8221; it said. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Infrastructure on Saturday said its board has approved raising up to \u20b9750 crore by issuing foreign currency convertible bonds (FCCBs) on a private placement basis. Reliance Infrastructure in a BSE filing also said that Sandeep Khosla has been appointed as Chief Financial Officer (CFO) of the company. &#8220;We hereby inform you that the Board of Directors of the Company has authorised the issue of up to USD 100,000,000 unsecured foreign currency convertible bonds maturing in 2031 (FCCBs) with a coupon rate of 4.5 per cent on private placement basis. &#8220;The FCCBs shall be convertible into equity shares of Rs.10.00 [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141,130,185],"tags":[],"class_list":["post-438349","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-roads-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/438349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=438349"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/438349\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=438349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=438349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=438349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}