MUMBAI, March 2 (Reuters) - India's ICICI Securities plans to raise funds by selling commercial papers
maturing in three months, three merchant bankers said on
Thursday.
The company will offer a yield of 7.96% on the issue and has
received commitments worth around 1 billion rupees ($12.11
million) so far, the bankers said.
The notes are rated A1+ by CRISIL.
($1 = 82.5680 Indian rupees)
(Reporting by Dharamraj Dhutia)
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