MUMBAI, March 3 (Reuters) - India's Aditya Birla Finance has
accepted bids worth 5.23 billion rupees ($63.81 million) for
bonds maturing in five years, three merchant bankers said on
Friday.
The non-banking finance company had invited bids from
bankers and investors earlier in the day, they said.
The bonds are rated AAA by ICRA and the issue will be
settled next week.
In February, the company had raised aggregate of 2.55
billion rupees via a reissuance of 8.90% June 2025 bonds and
8.12% November 2032 bonds at 7.98% and 8.05% yield.
($1 = 81.9680 Indian rupees)
(Reporting by Dharamraj Dhutia and Bhakti Tambe; editing by
Uttaresh Venkateshwaran)
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