MUMBAI, Feb 17 (Reuters) - India's Chaitanya India Fin
Credit plans to raise 1.25 billion rupees ($15.11 million)
through sale of bonds maturing in five years and three months,
two merchant bankers said on Friday.
The company has invited bids from bankers and investors for
the issue on Monday, they said.
The bonds are rated A by India Ratings and the issue will
close for subscription on Tuesday.
The issue will mature in May 2028.
($1 = 82.7430 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Varun H K)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.