MUMBAI, Feb 27 (Reuters) - India's ICICI Securities plans to raise funds by selling commercial papers
maturing in five months, three merchant bankers said on Monday.
The company will offer a yield of 8.10% on the issue and has
received commitments worth around 1 billion rupees ($12.09
million) so far, the bankers said.
The notes are rated A1+ by CRISIL and will mature on July
28.
($1 = 82.7370 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Janane Venkatraman)
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