The bonds are rated A+ by CRISIL and the issue will close for subscription later this week. Last week, the company had raised 1.75 billion rupees through bonds maturing in two years at an annual coupon of 9.25%. ($1 = 81.7430 Indian rupees) (Reporting by Bhakti Tambe; Editing by Rashmi Aich)
bhakti.rajendratambe.thomsonreuters.com@reuters.net Twiter: )) MUMBAI, Feb 1 (Reuters) - India's SK Finance has
accepted bids worth 500 million rupees ($6.12 million) through
bonds maturing in two years, three merchant bankers said on
Wednesday.
The company will offer a coupon of 9.15% on this bond issue,
for which it had invited bids earlier in the day.
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