JK Cement plans to sell INR1bn of bonds

JK Cement plans to sell INR1bn of bonds
Published: 11 August 2010

JK Cement plans to raise about INR1bn via bonds, two sources with knowledge of the matter said on Wednesday.

The bonds are likely to be 10-year instruments paying a coupon of 11 per cent, they said, adding that the issue may be launched next week.