The bonds are rated BB- by CARE and the issue will be settled next week. ($1 = 82.1200 Indian rupees) (Reporting by Bhakti Tambe)
bhakti.rajendratambe.thomsonreuters.com@reuters.net Twiter: )) MUMBAI, March 8 (Reuters) - India's Elan Imperial has
accepted bids worth 850 million rupees ($10.35 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.
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