The company will offer a yield of 7.98% on this issue, for which it has received commitments worth around 3 billion rupees ($36.23 million) so far, they said. The notes are rated A1+ by ICRA. ($1 = 82.8050 Indian rupees) (Reporting by Dharamraj Dhutia Editing by)
MUMBAI, Feb 17 (Reuters) - India's Birla Group Holdings
plans to raise funds by selling commercial papers maturing in
three months, three merchant bankers said on Friday.
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