($1 = 82.7190 Indian rupees) (Reporting by Bhakti Tambe and Dharamraj Dhutia; Editing by Varun H K)
bhakti.rajendratambe.thomsonreuters.com@reuters.net Twiter: )) MUMBAI, Feb 7 (Reuters) - India's Muthoot Microfin plans
to raise at least 500 million rupees ($6.04 million) through the
reissue of 11% January 2026 bonds, three merchant bankers said
on Tuesday.
The company has invited bids from investors and bankers on
Wednesday and will close the issue on Thursday, they said.
The bonds are rated A+ by CRISIL and have a greenshoe option
to retain an oversubscription of up to 750 million rupees.
In January, the company raised 850 million rupees through
bonds maturing in three years at an annual coupon of 11%.
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