MUMBAI, March 2 (Reuters) - India's Clix Capital Services
has accepted bids worth 250 million rupees ($3.03 million) for
bonds maturing in 30 months, two merchant bankers said on
Thursday.
The company will pay a coupon of 10.50% on the issue and had
invited commitment bids from bankers and investors earlier in
the day, bankers said.
The bonds are rated A by CARE Ratings and the issue and will
close for subscription on Friday.
In September, the company had raised 500 million rupees from
bonds maturing in two years at a coupon of 10.10%, payable on a
quarterly basis.
($1 = 82.5280 Indian rupees)
(Reporting by Dharamraj Dhutia and Bhakti Tambe
Editing by)
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