($1 = 82.6150 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Varun H K)
MUMBAI, March 1 (Reuters) - India's Capsave Finance Pvt Ltd
plans to raise 450 million rupees ($5.45 million) through sale
of bonds maturing in 15 months, three merchant bankers said on
Wednesday.
The non-banking finance company will pay a coupon of 9.00%,
and has invited bids from bankers and investors on March 8, they
said.
The bonds carry a guarantee by parent company Rent Alpha and
will be settled next week.
This is the first bond issue by the company in the current
financial year and will mature in June 2024.
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