MUMBAI, March 9 (Reuters) - India's Bajaj Financial
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 8.02% on the issue for
which it has received commitments worth around 5 billion rupees
($60.96 million) so far, the bankers said.
The papers are rated A1+ by CRISIL.
($1 = 82.0250 Indian rupees)
(Reporting by Dharamraj Dhutia; editing by Uttaresh
Venkateshwaran)
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