In February, the company raised an aggregate of 3.63 billion rupees selling three-year and three-month bonds, a reissue of 7.95% Feb 2028 bonds, and via notes maturing in 10 years. ($1 = 82.0480 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Janane Venkatraman)
MUMBAI, March 9 (Reuters) - India's Tata Capital Financial
Services plans to raise at least 20 billion rupees ($243.76
million) through the sale of separately transferable redeemable
principal part bonds maturing in three years and four years,
three merchant bankers said on Thursday.
The non-banking financial company has invited bids from
bankers and investors on Monday, they said.
The four-year bond has a put option at end of three years.
The issue also has a greenshoe option to retain an additional 20
billion rupees.
The notes are rated AAA by CRISIL and ICRA and the issue
will be settled next week.
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