MUMBAI, March 10 (Reuters) - India's L&T Finance plans
to raise funds by issuing commercial papers maturing in three
months, three traders said on Friday.
The company will offer a yield of 7.75% on this issue, and
has received commitments worth 6 billion rupees ($73.13 million)
so far, they said.
The notes are rated A+ by ICRA.
($1 = 82.0430 Indian rupees)
(Reporting by Bhakti Tambe; Editing by Subhranshu Sahu)
bhakti.rajendratambe.thomsonreuters.com@reuters.net Twiter: ))
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