India New Issue-Julius Baer Capital (India) to issue 3-month CP - traders

MUMBAI, Feb 6 (Reuters) - Julius Baer Capital (India) plans to raise funds through issuance of commercial papers maturing in three months, two merchant bankers said on Monday.

The non-banking financial company will offer a yield of 7.79% to the investors of this issue, and has received commitments worth around 1 billion Indian rupees ($12.10 million) so far, they said.

The notes are rated A1+ by ICRA.
($1 = 82.6360 Indian rupees) (Reporting by Dharamraj Dhutia Editing by Shinjini Ganguli)

Reuters

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India New Issue-Julius Baer Capital (India) to issue 3-month CP - traders

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