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IIFCL to float 2,000cr infra bond issue

State-owned India Infrastructure Finance Corporation Ltd (IIFCL) is coming up with a Rs 2,000 crore infra bonds issue with a tenor of 10 years early next week.

State-owned India Infrastructure Finance Corporation Ltd (IIFCL) is coming up with a Rs 2,000 crore infra bonds issue with a tenor of 10 years early next week.

The Rs 500 crore bond issue with a Rs 1500 crore greenshoe option will open on the BSE on Monday, IIFCL deputy managing director Pawan Kumar told on Thursday. IIFCL is a central public sector unit that was set up in 2006 to provide long term financial assistance to infrastructure projects.

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