($1 = 82.8130 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Sherry Jacob-Phillips)
MUMBAI, Feb 15 (Reuters) - India's Hero Housing Finance
raises 250 million rupees ($3.02 million) through the sale of
bonds maturing in 10 years, three merchant bankers said on
Wednesday.
The non-banking financial company will pay an annual coupon
of 8.50% for this issue, they said.
The bonds, which are rated AA+ by CRISIL and ICRA, closed
for subscription earlier in the day.
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