MUMBAI, March 9 (Reuters) - India's Birla Group Holdings
plans to raise funds by selling commercial papers maturing in
three months, three traders said on Thursday.
The company will offer a yield of 8.28% on the issue, for
which it has received commitments worth around 1.5 billion
rupees ($18.29 million) so far, they said.
The notes are rated A1+ by ICRA.
($1 = 82.0190 Indian rupees)
(Reporting by Bhakti Tambe; editing by Uttaresh Venkateshwaran)
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