IDFC long term infrastructure bonds to close on Dec 16

The public issue of the long term infrastructure bonds by Infrastructure Development Finance Company is closing for subscription on Friday, December 16, 2011. The company is making a public issue of long term infrastructure bonds, in one or more tranches, with a face value of Rs 5,000 each in the form of secured redeemable non-convertible debentures, having benefits under section 80CCF of the Income Tax Act, 1961 for an aggregate amount not exceeding Rs 5,000 crore for Fiscal 2011-12 (the shelf limit) under the shelf prospectus dated September 29, 2011 filed with the Registrar of Companies, Tamil Nadu Stock Exchanges and the Securities and Exchange Board of India on September 29, 2011 and the respective tranche prospectus.

The company is issuing the first tranche of bonds (the tranche 1 bonds) for an amount not exceeding the shelf limit on the terms set out in the shelf prospectus and the prospectus