Larsen & Toubro plans rupee sale of three-year tokenised bonds
India’s Larsen & Toubro (LT) is planning to raise INR 5 billion via a sale of three-year tokenised bonds, targeting India’s first private-sector tokenised bond issuance, merchant bankers said.
92 million) through a sale of three-year tokenised bonds, which would be the first such issuance by a private-sector company, two merchant bankers said on Tuesday. The construction conglomerate will pay an annual coupon of 7…