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|April 9, 1998
Infosys Technologies Limited, the software giant, has decided that even if the American Depositary Receipt issue intended to fund its Rs two billion Infosys Park at Bangalore is delayed, it will go in for debt financing. The company has no plans to opt for further equity funding.
Besides debt financing, the company will essentially be relying on its reserves and some of the ADR funds to see the park through,
If the ADR issue is delayed, the company will have to opt for other sources of funding, including debt financing.
-Compiled from the Indian media
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