Tuesday, June 28, 2022

 TATA GROUP's  INFOPARK  PROPERTIES RAISES  Rs 1900 CRORE VIA ZERO COUPON BONDS .


Tata GROUP's infopark has raised Rs1900 crore via zero coupon bonds.  Zero coupon bonds are those bonds which have no interest but to be paid at deep discount . Infopark being part of tata group enjoys financial flexibility .A debt of rs 1900 crore should be serviced through cash flows generated by IPC saud by the bond dealers .thus zero coupon bond provides a profit at  maturity when the bond is redeemed for its face value .

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