($1 = 82.1980 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Dhanya Ann Thoppil)
MUMBAI, Feb 2 (Reuters) - India's Network18 Media &
Investments plans to raise funds selling commercial
papers maturing in three months, three merchant bankers said on
Thursday.
The company will offer a yield of 7.36% on this issue for
which it has received commitments worth around 1.25 billion
rupees ($15.21 million) so far, the bankers said.
The notes are rated A1+ by ICRA and will mature on May 9.
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