IDFC: Issue Rs 5,000 Cr tax free infrastructure bonds

IDFC ( Infrastructure Development Finance Company) plans to issue  Rs. 5,000 crore of long-term infrastructure bonds/ tax free (saving) bonds. IDFC filed a draft shelf prospectus on the website of the SEBI ( Securities & Exchange Board of India.)

The IDFC  will issue the bonds in one or more tranches on or before March 31, 2012.s. The issue is rated "AAA" by ICRA and Fitch.

The lead arrangers to the deal are ICICI Securities Ltd, JM Financial, Karvy Investor Services, Kotak Mahindra Capital Company and IDFC Capital..

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