($1 = 82.1200 Indian rupees) (Reporting by Bhakti Tambe; Editing by Varun H K)
bhakti.rajendratambe.thomsonreuters.com@reuters.net Twiter: )) MUMBAI, March 8 (Reuters) - India's Elan Avenue has
accepted bids worth 250 million rupees ($3.04 million) through
bonds maturing in three years and nine months, two bankers said
on Wednesday.
The company will pay a coupon of 19.50% on this bond issue,
for which it had invited bids from investors and bankers on
Monday.
The bonds are rated BB- by Care, and the issue will be
settled later this week.
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