MUMBAI, Feb 13 (Reuters) - India's Birla Group Holdings
plans to raise funds by selling commercial papers maturing in
three months, three merchant bankers said on Monday.
The company will offer a yield of 7.90% on this issue, for
which it has received commitments worth around 1 billion rupees
($12.09 million) so far, they said.
The notes are rated A1+ by ICRA.
($1 = 82.7050 Indian rupees)
(Reporting by Bhakti Tambe; Editing by Varun H K)
bhakti.rajendratambe.thomsonreuters.com@reuters.net Twiter: ))
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