MUMBAI, Feb 2 (Reuters) - India's TV18 Broadcast 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 and
has received commitments worth around 750 million Indian rupees
($9.12 million) so far, the bankers said.
The papers are rated A1+ by ICRA and will mature on May 9.
($1 = 82.1980 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Rashmi Aich)
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