Correct Answer : Option (C) - Reliance Infrastructure
The board of infrastructure company Reliance Infrastructure has authorised the issuance of up to $400 million, 5 per cent unsecured Foreign Currency Convertible Bonds (FCCBs) on a private placement basis.
The FCCBs shall be convertible into equity shares of ₹10 each of the company as per the FCCBs term, at ₹123 (including a premium of ₹113) per equity share.
The tenure of the bonds will be ten years.
Published On : August 6, 2022
Category : Business and Economics