off-the-wire

India New Issue-Assetz Industrial Parks to issue near 5-year bonds - bankers

Kitco Media
By Reuters
Published:
Updated:
Reuters
MUMBAI, Feb 27 (Reuters) - India's Assetz Industrial Parks Private Ltd plans to raise 324 million rupees ($3.91 million) through zero-coupon bonds maturing in four years, nine months and 26 days, two bankers said on Monday.


The company has invited bids from investors and bankers on Tuesday. The bonds will mature in December 2027.


The bonds are rated BB+ by CARE and the issue will be settled later this week.
($1 = 82.8575 Indian rupees) (Reporting by Bhakti Tambe; Editing by Sohini Goswami)

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