MUMBAI, March 10 (Reuters) - India's ICICI Securities plans to raise funds by selling three sets of
commercial papers, all maturing in three months, three merchant
bankers said on Friday.
The company will offer yields of 7.90%, 7.92% and 7.95% on
these issues, and has received aggregate commitments worth
around 10 billion rupees ($121.91 million) so far, the bankers
said.
The notes are rated A1+ by Crisil.
($1 = 82.0250 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Dhanya Ann Thoppil)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.