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Public issue by Indian Railway Finance Corporation Limited (IRFC) of tax free, secured, redeemable, non-convertible bonds of face

value of Rs 1,000 each will be available for subscription between January 06February 20, 2014. The issue is in the nature of debentures having tax benefits for an amount of Rs 1, 50, 000 lakh with an option to retain oversubscription upto Rs 7, 16,300 lakh aggregating to Rs 8, 66,300 lakh. The funds raised through this Issue will be utilized towards financing the acquisition of rolling stock which will be leased to the MoR in line with present business activities. CRISIL , ICRA and CARE assigned AAA rating for the debt programme of the company. The bonds are proposed to be listed on NSE and BSE within 12 working days of the issue closing date. Karvy Computershare Private Limited will be the registrar to the issue. SBI Capital Markets Limited, A K Capital Services Limited, Axis Capital Limited, ICICI Securities Limited and Kotak Mahindra Capital Company Limited are the lead managers to the issue.

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