($1 = 81.5130 Indian rupees) (Reporting by Dharamraj Dhutia and Bhakti Tambe; Editing by Savio D'Souza)
MUMBAI, Jan 30 (Reuters) - India's Trust Investment
Advisors has accepted bids worth 850 million rupees ($10.4
million) for bonds maturing in seven years, three merchant
bankers said on Monday.
The company will pay an annual coupon of 8.90% on the issue,
for which it had invited bids from investors and bankers earlier
in the day, they said.
The bonds, which have a provisional AA ratings from
Infomerics and will close for subscription later this week.
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