MUMBAI, Feb 7 (Reuters) - India's Bajaj Housing Finance
plans to raise 7.50 billion rupees ($90.70 million) selling
bonds maturing in 10 years, three merchant bankers said on
Tuesday.
The company will has invited bids from bankers and investors
for it on Wednesday, they said.
The notes are rated AAA by CRISIL and the issue will close
for subscription on Thursday.
In December, the company raised 2.50 billion rupees, selling
bonds maturing in four years and over five months, at an annual
coupon of 7.87%.
($1 = 82.6900 Indian rupees)
(Reporting by Dharamraj Dhutia and Bhakti Tambe
Editing by Nivedita Bhattacharjee)
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