Sterlite will be paying $1.1 billion as upfront cash upon completion of the deal (expected in 4-5 months). Besides, it will also pay seven installments of $20 million each (from end of second year; total $140 million) and another $460 million as a bullet payment at the end of 9th year—hence, a total of $600 million. ..."
http://www.business-standard.com/india/news/asset-gains/351836/
| Vishal Chhabria / Mumbai March 16, 2009, 0:28 IST |
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