The bonds carry call and put option on Sept. 13, 2024. The bonds are rated AA by ICRA and the issue will be settled later this week. ($1 = 82.2200 Indian rupees) (Reporting by Bhakti Tambe; editing by Uttaresh Venkateshwaran)
bhakti.rajendratambe.thomsonreuters.com@reuters.net Twiter: )) MUMBAI, March 13 (Reuters) - India's IIFL Wealth Prime
has accepted bids worth 2.55 billion rupees ($31.01 million)
through zero-coupon bonds maturing in May 2025, three merchant
bankers said on Monday.
The company will pay a yield of 7.65% on this bond issue for
which it had invited bids from investors and bankers earlier in
the day.
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